Archive of articles on the yearly Union Budget of India
Here are eight lesser-known, but important budget 2018 proposals. I have now updated the three budget articles posted yesterday. Please do have a look: UPDATE: Equity LTCG Taxation: How much tax do I need to pay? Illustration part 1 Long-Term Capital Gains Taxation from Equity: Examples (Budget 2018-2019) Budget 2018-2019: Long-Term Capital Gains from Equity to…
Continue reading →As published it was announced in Budget 2018-2019: Long Term Capital Gains from Equity to be taxed at 10%. Here are some examples of how this works. Example 1: I purchase 10,000 units of an equity oriented fund (or stock, see definition of fund in the above post) at Rs. 10 NAV per unit on 4th Aug…
Continue reading →Budget 2018 has a slew of benefits for senior citizens. Here is a list. Also see: Budget 2018-2019: Long Term Capital Gains from Equity to be taxed at 10% – Implications New: Long Term Capital Gains Taxation from Equity: Examples (Budget 2018-2019) UPDATE: Equity LTCG Taxation: How much tax do I need to pay? Illustration part 1 1:…
Continue reading →Budget 2017 has proposed a slew of benefits related to long-term capital gains. The most important is the shift of the base year to be used for long-term capital gains computation for all asset classes. Here is a summary and illustration of long-term capital gains computation with base year 2001. 1: Change in duration for computation…
Continue reading →