Long Term Capital Gains Tax under Finance Bill, 2018 – FAQs 1. What is the budget proposal on LTCG for equities? Ans – So far, any LT Capital gains made on equities on Exchanges was exempt. The Govt has now proposed an 10% LTCG tax on gains made above Rs 1 Lakh under Finance Bill , 2018.
Salient Features of Finance Bill, 2018 1. No change in Tax Rate. All persons including individuals, HUF, Firms and Companies to pay same tax . However Education cess is being increased from 3 to 4 % to be known as Education and Health cess under Finance Bill, 2018.
Long term capital gains tax may return The government is looking to re-introduce long capital gains tax on listed stocks with certain riders as a part of it makes an attempt to boost additional revenue within the Budget.
Private Banks raise MCLR after deposit rate hike – home/car loan expect to rise Borrowers should prepare more for their home and car loans in the months ahead as bank rates have changed course and are now on the way up. Private sector banks led by Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes […]
While taking term insurance people forget Important points A term insurance plan is critical in securing your family’s future. In case you’re unfamiliar with what a term insurance policy is and what exactly it does, here’s a quick explanation.
Major Reasons why your Loan Application can be Rejected A house, an MUV, your child’s education, a foreign holiday: you could have myriad reasons for applying for a bank loan. The bank generally considers and clears a loan based on your credit-worthiness. Among the factors contributing to a successful Loan Application would be your credit […]
What expectations from Budget 2018 Apart from the Assembly elections in 7-8 states, the Union Budget 2018 may well be the biggest event of the year. With the 2019 Lok Sabha elections approaching and a close victory in Gujarat assembly elections, in all probability, we’ll be seeing a more populist approach from the Government rather […]