Budget 2024: Finance Minister Nirmala Sitharaman announced an increase in both long-term and short-term capital gains tax in her budget speech earlier today. As per definition, any profit or gain ...

There are two types of capital gains tax, such as Long Term Capital Gains Tax (LTCG) and Short Term Capital Gains Tax (STCG). When an investor stays invested in a mutual fund for a short time ...

If you and your wife own the flat equally, the rental income will be split in the same proportion. If the ownership ratio is ...

Your STCG would be ₹50,000/-. If the transaction costs are ₹2,000/-, then the taxable STCG will be ₹ 48,000/-. All the expenses that have occurred due to the transaction must be correctly ...