Ltcg
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All Stories for Ltcg
Budget 2020: From initiatives to boost consumption, promote growth, here's a slew of expectations from Nirmala Sitharaman
Mayur Shah •When it comes to saving instruments, the types of instruments where relief for interest earned is available is different for different categories of taxpayers, adding complicity to tax laws and making it burdensome for the average taxpayer
Income tax slabs, change in capital gains tax in offing; to boost govt revenues by over Rs 55,000 cr: Report
Fp Staff •The report also suggests removing prosecution and reopening of assessment for those who declare and pay higher income tax for a past period of up to six years with interest and 50 percent penalty
Govt plans major tax alignments for equities; move aims to boost investor sentiment, bring in more forex
Fp Staff •The PMO is reviewing the current structure of LTCG tax, the STT and DDT in consultation with the Finance Ministry’s Revenue Department and NITI Aayog.
Additional tax burden on super-rich is flawed; goes against Narendra Modi's claim of kamdars over naamdars
Narayanan Madhavan •Sitharaman's Budget can potentially disincentivise those who invest in high-value skills such as a surgeon or an architect, for instance
Super-rich tax lacks teeth: Special treatment for dividend, capital gains take away its sting
Muralidharan •Finance Minister Nirmala Sitharaman has steeply hiked the wealthy with a super-rich tax in Union Budget 2019
Drop in income tax e-filers: Gains accrued from GST, demonetisation not enough, need to increase employment opportunities
Madan •Demonetisation and GST were two schemes that were brought in by the government ostensibly to bring out black money and get everyone into the tax fold.
Proposal to rollover capital gains for two properties is deeply flawed: Don't uncork bubbly yet, there is a catch here
Muralidharan •Instead of putting an Rs 2 crore cap on long-term capital gains, a cap should have been put on the selling price of the original house at say Rs 4 crore.
Budget 2019: Govt offers little for middle class to cheer about, but home ownership got a bit easier
Adhil Shetty •Budget 2019: Govt should raise tax on individuals earning above Rs 50 lakh to 40%; impose levy on super rich to fund welfare schemes
Smurlidharan •The interim budget 2019 to be presented on 1 February 2019 by Finance Minister Arun Jaitley can correct this skew with some path-breaking reforms that might appear to be just reversal of the past policies.
Stock markets have rallied since 2016; do not shy away from equity, but tread cautiously in 2019
Vijay Bhambwani •Alpha (capital appreciation) will surely occur, there is no need to shy away from equity,\