Tag: Incometax
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Taxation on the Long term Capital Gain from 1st April 2018
Introduction: You must be aware that from F.Y 18-19, Long Term Capital Gains on equities and equity fund shall be taxed under the newly inserted Section 112A under the I-T Act,1961. By the way of Budget 2018, LTCG on equities has also been brought into tax net. This move has been brought up keeping in…
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Union Budget under Modi: Impact on salaried Individuals
With The Union Budget 2017-18 just around the corner, the entire country has set their own personal expectations from it. Three budgets have already been passed under Modi’s government. So, before setting up our expectations, let us first dwell in past and understand what our previous Budgets had held for individuals. Here is a…