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What are the tax rates for long-term capital gains?
Long-term capital gains on listed securities above Rs. 1 lakh are taxed at 10%, while gains from other assets are taxed at 20% with indexation benefits.
Long-term capital gains on listed securities above Rs. 1 lakh are taxed at 10%, while gains from other assets are taxed at 20% with indexation benefits.
See lessWhat are the tax rates for short-term capital gains?
Short-term capital gains are taxed at the applicable income tax slab rates, except for gains from listed securities, which are taxed at 15%.
Short-term capital gains are taxed at the applicable income tax slab rates, except for gains from listed securities, which are taxed at 15%.
See lessWhat is the difference between short-term and long-term capital gains?
Short-term capital gains are profits from assets held for less than 36 months (12 months for listed securities), while long-term capital gains are from assets held for longer periods.
Short-term capital gains are profits from assets held for less than 36 months (12 months for listed securities), while long-term capital gains are from assets held for longer periods.
See lessWhat are capital gains?
Capital gains are the profits earned from the sale of capital assets like property, stocks, or bonds.
Capital gains are the profits earned from the sale of capital assets like property, stocks, or bonds.
See lessWhat are the penalties for not registering under GST?
Penalties can include fines and backdated tax payments, with interest, for not registering when required.
Penalties can include fines and backdated tax payments, with interest, for not registering when required.
See lessHow can one register for GST?
GST registration can be done online through the GST portal by submitting the necessary documents and details
GST registration can be done online through the GST portal by submitting the necessary documents and details
See lessWhat is the GST registration threshold?
Businesses with an annual turnover exceeding Rs. 20 lakh (Rs. 10 lakh for special category states) are required to register for GST.
Businesses with an annual turnover exceeding Rs. 20 lakh (Rs. 10 lakh for special category states) are required to register for GST.
See lessWhat is the GST rate structure?
GST rates in India range from 0% to 28%, depending on the type of goods or services.
GST rates in India range from 0% to 28%, depending on the type of goods or services.
See lessWhat are the different types of GST in India?
The different types of GST are Central GST (CGST), State GST (SGST), and Integrated GST (IGST).
The different types of GST are Central GST (CGST), State GST (SGST), and Integrated GST (IGST).
See lessWhat are the tax benefits on home loan repayments?
Home loan principal repayment is eligible for deduction under Section 80C, and interest payment is deductible under Section 24(b) up to Rs. 2 lakh per annum.
Home loan principal repayment is eligible for deduction under Section 80C, and interest payment is deductible under Section 24(b) up to Rs. 2 lakh per annum.
See less