Tag Archives: Capital Gain Tax

Save Capital gains tax on selling a shop

Save Capital gains tax on selling a shop I recently sold my shop and made capital gains of Rs 33 lakh. How can I save tax on these gains? You will need to pay tax on short-term capital gains at the applicable slab rate,unless you have any capital losses to adjust.If the shop was held […]

Is long-term capital gains tax on equity coming?

Is long-term capital gains tax on equity coming? A Union Budget is approaching, and once again the issue of imposing long-term capital gains tax on equity has come up. A newspaper report earlier this week claimed that such a tax – abolished in 2005 – was actively being considered by the finance ministry. Predictably, there […]

How to calculate capital gains

How to calculate capital gains Calculation of capital gains can be a complex and challenging mission relying on the nature and the number of transactions undertaken by the assessee in a financial year. It is always suggested to take the advice from an professional like a chartered accountant for the same. However, Assessee can also […]