Web16 mrt. 2024 · These bonds offer 100 per cent LTCG tax exemption. However, this tax benefit will only be applicable if the time between the sale and investment is within six … Web11 apr. 2024 · The income tax department has notified the cost inflation index (CII) number for the current financial year. The CII number is used to arrive at the inflation-adjusted price of an asset. The capital gains that are chargeable to income tax are lowered using the indexation benefit. From FY 2024-24, the indexation benefit has been removed from debt …
How to avoid paying 20 LTCG tax post sale of gold, stocks
Web9 aug. 2024 · Capital gains are taxed at different rates depending on whether they're short-term or long-term. Short-term capital gains apply if you hold the bond for one year (365 days) or less. Then the... Web8 okt. 2024 · Longterm capital gains ( LTCG ), after indexation, from zero-coupon bonds of Nabard are taxable at 20.8% and without indexation they are taxable at 10.40% … top wayfair lighting
NHAI 54EC OR Capital Gains Bonds - ZFUNDS
WebCapital gains are taxed at different rates depending on whether they're short-term or long-term. Short-term capital gains apply if you hold the bond for one year (365 days) or less. … WebThe tax rates for G-secs are as follows: Bonds and SDL: Interest credited to the bank account is considered income from other sources and taxes have to be paid as per income tax slab. Appreciation in bond prices is considered capital gains, and long term capital gains (LTCG) is 10% flat. Web3 dec. 2024 · There are a couple of ways to save taxes on capital gains. One of them is by investing in specified tax-saving bonds under Sec 54EC of the Income Tax Act. If you … top ways for passive income