Search For "capital gains"
Budget 2023: The End of Tax-Sops-Era for home buyers - Boman Irani- Presid
Updated : 3 years, 1 month ago IST
Mumbai (Maharashtra) [India] February 2 (ANI/PNN): The Union Budget 2023 has emphasised the need to accelerate economic growth, create new job opportunities, and build resilient infrastructure. There was too little for the real estate sector, and it missed an opportunity to boost the home-bu
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Pre-Budget expectations: PHDCCI expects ESOP taxation reforms for startups
Updated : 3 years, 3 months ago IST
PHDCCI said for start-ups, ESOPs are the key to attract and incentivise talent. These should not be taxed as recipients do not have ready cash in their hands at that point and the taxation should be on the final sale of shares, the industry body said.
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Fresh look needed at capital gains tax to remove complexities, inconsisten
Updated : 3 years, 3 months ago IST
While presenting its pre-budget memorandum to the Ministry of Finance, the Confederation of Indian Industry (CII) outlined a four-point agenda to re-energise growth in the economy.
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Luxury real estate segment gaining popularity
Updated : 3 years, 5 months ago IST
Gurugram (Haryana) [India], September 23 (ANI/NewsVoir): Surging interest in luxury housing has been one of the most remarkable developments in the post-pandemic world. From the need for a larger home and making most of life to a favourable rupee dollar ratio leading to an increase in invest
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Delhi L-G receives complaint against Kejriwal seeking probe into undervalu
Updated : 3 years, 6 months ago IST
New Delhi [India], September 7 (ANI): Delhi Lt Governor Vinai Kumar Saxena has received a complaint against Delhi Chief Minister Arvind Kejriwal stating that he "grossly undervalued" and sold three urban commercial plots in Haryana's Bhiwani district in 2021 and "evaded stamp duty and cap
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Govt has no plan to revamp capital gains tax structure: Finance Ministry
Updated : 3 years, 12 months ago IST
New Delhi [India], March 15 (ANI): The government has no plan, as of now, to revamp the capital gains tax structure as reported in a section of media, Finance Ministry sources said on Tuesday.
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ICICI Lombard Q4 net profit rises 23 pc at Rs 346 crore
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 17 (ANI): ICICI Lombard General Insurance on Saturday posted 23 per cent year-on-year jump in its March quarter (Q4 FY21) net profit at Rs 346 crore as compared to Rs 282 crore in Q4 FY20.
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ICICI Lombard Q1 PAT up 28 pc at Rs 398 crore but GDPI dips
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 18 (ANI): Private sector non-life insurer ICICI Lombard General Insurance has reported a profit after tax of Rs 398 crore in the first quarter of current financial year, up 28.5 per cent from Rs 310 crore in Q1 FY20.
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Mutual funds to deduct TDS only on dividend payments, not on capital gains
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): Mutual funds will have to deduct TDS at 10 per cent only on dividend payments and not on the income which is in the nature of capital gains, according to the clarification by the Central Board of Direct Taxes (CBDT) on Tuesday.
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KPMG hopes for rationalisation of taxes, enhanced use of technology in com
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 21 (ANI): Professional services provider KPMG said on Tuesday the Union Budget 2020 may see a reduction in dividend distribution tax or bring about a change in the manner of dividend taxation in order to make it a shareholder-level tax.
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Relief for FPIs as govt withdraws enhanced surcharge
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 24 (ANI): In a major relief to foreign portfolio investors (FPI), the government on Friday announced to scrap the enhanced surcharge on long and short-term capital gains arising from the transfer of equity shares.
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Sitharaman announces withdrawal of surcharge on capital gains on FPIs
Updated : 6 years, 6 months ago IST
New Delhi, Aug 23 (ANI): The surcharge levied in the union budget on short-term and long-term capital gains of foreign portfolio investors (FPI) and the one on equity in the case of domestic investors have been abolished, Finance Minister Nirmala Sitharaman announced on Friday restoring t
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