The FinTech Hub
Source: Live Mint I have worked outside India for 12 years but I will be relocating back to India in April for a better employment opportunity at an MNC. I have one residential property in India from 2010 which I will sell and instead purchase a bigger one after I return. Approximately how much tax…
Source: Live Mint Edelweiss Asset Management Company (AMC) has announced a steep hike in the total expense ratio (TER) cap for its flagship Bharat Bond ETFs—from a near-zero 0.0001% to 1%, a move that could have far-reaching implications for investors. That’s a staggering 2,000% increase. However, the AMC has clarified that the actual expense is…
Source: Live Mint With less than a week to go for the Union Budget 2025, discussions around capital gains tax have centre stage among market participants. While the concept of capital gains tax is not new, its structure and recent amendments have significantly influenced market sentiments. Capital gains tax is levied on the profit earned…
Source: Live Mint I have a few queries regarding income tax on gifting shares. Me (Arvind) => A; my brother’s wife => B; my friend => C 1. If A gift equity shares to B, what tax implication will A and B have? 2. If A lends shares to B by transferring them to B’s…
Source: Live Mint If you are an active investor and often earn gains on the sale of your securities, bonds or mutual funds, you should be mindful of the tax rate that applies on these transactions. The gains accruing on the sale of assets is taxed under what is known as capital gains tax regime….
Source: Live Mint I’ve taken a two-year leave of absence from my job to travel and indulge in my interests. My revenue from mutual fund redemptions last year was ₹5.1 lakh; all of these were long-term holdings. The approximate long term capital gain was ₹2 lakh. Is there going to be any tax due this…
