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24 Jul 2024

Budget 2024: Tax Rates On Both Short And Long Term Capital Gains Raised

Sitharaman announced that short-term capital gains on "specified" financial assets will henceforth attract a tax rate of 20 per cent instead of 15 per cent. While all other financial assets and non-financial assets shall continue to attract the "applicable tax rate".

23 Jul 2024

Capital Gains Exemption Limit On Certain Fin Assets To Be Hiked To Rs 1.25 L

Presenting the Budget for 2024-25, she announced a hike in STT (securities transaction tax) on F&O (futures and options) securities by 0.02 per cent and 0.1 per cent.

23 Aug 2019

Deshhit: Know top 20 desh hit news of today

This segment of Zee News brings top 20 news stories of the day. Watch top 20 big stories with details.

Union Budget 2017

01 Feb 2017

Budget 2017: Here is what the common man gets

The combined effect of both these measures will mean that there would be zero tax liability for people getting income upto Rs 3 lakhs per annum and the tax liability will only be Rs 2,500 for people with income between Rs 3 to Rs 3.5 lakhs.

26 Dec 2016

Key Indian equity market indices fall during afternoon session

Fearing hike in taxes on stock market income post Prime Minister Narendra Modi's hint on Sunday, the key Indian equity market indices plunged further during afternoon trade on Monday.

25 Dec 2016

Arun Jaitley rejects rumours about hike in capital gains tax; says interpretation of PM's speech absolutely erroneous

Finance Minister Arun Jaitley on Saturday refuted media reports that the government could introduce long term capital gains tax in the upcoming Union Budget in February.

26 Oct 2016

India-Korea revised DTAA notified, capital gains to be taxed at source from April 1

India has notified the revised double tax avoidance agreement with South Korea under which capital gains tax will be levied at the source with effect from April 1, 2017.

India-Cyprus tax treaty

24 Aug 2016

Cabinet gives nod to revised Indo-Cyprus DTAA

In another major step in fight against tax evasion, the Cabinet on Wednesday gave its approval to the revised DTAA between India and Cyprus that provides for source-based taxation of capital gains on transfer of shares instead of one based on residence.

India-Cyprus tax treaty

01 Jul 2016

India's new tax treaty with Cyprus: Government gets right to tax capital gains

India and Cyprus have "successfully" completed negotiations on the bilateral tax treaty which provides for source-based taxation of capital gains on share sale.

08 Jun 2016

Money Guru : Experts advice for filling ITR | Part II

Income tax returm

08 Jun 2016

Money Guru: Experts advice for filling ITR

Money Guru: Experts advice for filling ITR

India's fundamentals

11 May 2016

India's fundamentals strong to attract investment: Govt

Finance Ministry on Wednesday said India will continue to attract investments because of the inherent strength and the return it offers to investors.

money laundering

17 Jul 2015

BSE wants exemption to go to check tax evasion through stocks

To prevent money laundering and tax evasion through misuse of securities markets, leading stock exchange BSE has suggested removal of the long-term capital gains tax on transactions in stocks.

Minimum Alternate Tax

09 May 2015

Fitch warns of foreign funds exodus over retro tax

The data furnished by the National Securities Depository Limited (NSDL) showed that FPIs pumped-in only Rs 18.77 crore or USD 3.01 million into primary and other markets for the week under review.

21 Apr 2015

Govt won't yield to foreign investors' demand for tax waiver

The government will not yield to the demand of foreign portfolio investors for a tax waiver on capital gains of previous years, a top finance ministry official told reporters on Tuesday.

07 Apr 2015

Cairn India takes authorities to court over $3.3 billion tax demand

Cairn India Ltd, India's largest private-sector oil producer, said on Monday it had moved the Delhi High Court against a USD 3.3 billion tax demand from Indian authorities related to its listing in 2007.

13 Jul 2014

BSE forms 11-member advisory group on REITs

According to the realty industry players, REITs can attract a whopping USD 10 billion foreign funds into the sector.

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