#capital-gains
FPIs, trading companies tap Sebi, centre for tax breather
Investors from abroad are pressing regulators for a decrease in securities transaction taxes to alleviate the burden of double capital gains taxes. With the Reserve Bank of India's stringent leverage rules potentially pushing trading activities offshore, ther…
Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legally
A Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constructing a residential bungalow. This move, facilitated by Section 54F of the Income Tax Act, saw her win an appeal agains…
Income-tax rules: Capital gains taxation on digital, paper, physical and inherited gold for Indians and NRIs, explained
Income-tax rules: Here's how capital gains generated from digital, paper (which includes gold ETFs, gold mutual funds and sovereign gold bonds) physical and inherited gold are taxed for residents and NRIs.