InsightsSuccess
Subscribe Now!
Get A Chance To Feature In Magazine By Submitting Your Interview Today!
No Result
View All Result
InsightsSuccess
  • Home
  • Industry Insider
  • Magazine
  • Franchises
  • Blog
  • Conferences
No Result
View All Result
InsightsSuccess
No Result
View All Result

Long Term Capital Gains gives a big sigh of relief for Real Estate investors

Long Term Capital Gains gives a big sigh of relief for Real Estate investors - Insights Success

The biggest sigh of relief from Union Finance Minister Arun Jaitley’s Union Budget speech for the year 2017-18 has to be in the way Long Term Capital Gains has been left with little altercations.
With LTCG, people who had invested in the real estate were eligible for lower taxation if they sold the immovable asset before the holding period. With the passing of the union budget, the holding period has been reduced to two years, instead of three years. This could fairly assist in the computation of taxable capital gains on old assets.
However, in equity-based mutual fund schemes, the long-term period is defined as the duration of one year or more during which no tax is charged. This has been left untouched in the current iteration of the union budget. In the current format, equity investors are required to pay short-term capital gains (STCG) tax of 15 percent if it is held for less than one year. Besides this, the investors of the STCG type have to pay education cess at 2% and secondary and higher education cess at 1% on the tax amount.
For people planning to enter the market through the debt investments, the duration to qualify for long-term capital gains tax is three years or 36 months and if it is liquidated within that period then he/she becomes liable to be taxed as per the applicable income-tax slab. The Long-term capital gains tax on debt instruments is taxed at 20% which also includes indexation benefit on the cost.
The current iterations in the Long Term Capital Gains has been looking beneficial especially for the real-estate but due to the impositions of the additional condition for claiming tax-free capital gains from listed shares the scenario is not all that positive. The LTCG cannot be claimed on the shares acquired in the form of conversion from bonds, preference shares, etc.

Previous Post

Honeywell to offer home energy management software for utilities

Next Post

Popularly Known as ‘Forces Sweetheart’, Vera Lynn to Release New Album on 100th Birthday

Next Post
Popularly Known as ‘Forces Sweetheart’, Vera Lynn to Release New Album on 100th Birthday - Insights Success

Popularly Known as ‘Forces Sweetheart’, Vera Lynn to Release New Album on 100th Birthday

// < ?php // if ( post_password_required() ) // return; // $comment_load = get_theme_mod('jnews_comment_load', 'normal'); // $comment_type = apply_filters('jeg_comment_type', get_theme_mod('jnews_comment_type', 'wordpress')); // $is_normal_load = true; // if($comment_type === 'wordpress') // { // $is_normal_load = true; // } else { // $is_normal_load = ( $comment_load === 'normal' ); // } // if($is_normal_load) // { // get_template_part('fragment/comments'); // } else { // get_template_part('fragment/comments', 'button'); // }

Recent News

After Indian Ministers Fail to Persuade Musk to Incorporate His Tesla Business in India, Musk Has Shifted His Focus to Indonesia
Recent News

After Indian Ministers Fail to Persuade Musk to Incorporate His Tesla Business in India, Musk Has Shifted His Focus to Indonesia

Elon Musk, the CEO of Tesla and SpaceX, is slated to visit Indonesia in November as he wraps up operations...

Read more
Asian-Equities

Asian Equities Struggle Following Crippling China Statistics

Elon-Musk

Elon Musk’s Legal Issues Are Causing Tesla and Twitter Stock to Fall

Google-logo

300 European Publishers Sign Content Deals with Google

A-apple-smartphone

Under a New Digital Watchdog, the UK Is Pushing for Stricter Tech Regulations

Path Breakers

Hubstaff

Hubstaff: Time and Workforce Management at Your Fingertips Virtually

Evonence LLC – Expert Google Workspace Partner Across North America

Evonence LLC – Expert Google Workspace Partner Across North America

Booster Box – A Passionate International Performance Marketing Agency for PPC Advertising Campaigns

Booster Box – A Passionate International Performance Marketing Agency for PPC Advertising Campaigns

Gary-Olson-CEO-of-GHO-Group-LLC

GHO Group LLC: Bringing Vision to Reality

Josh-Usheroff-Co-Founder-of-Black-Box-Productions

Black Box Productions: Crafting Visually Engaging Stories

Insights Success is an archway that caters to Entrepreneurs’ quench of technology and business updates which are currently ruling the business world.
We are ceaselessly proving the best platform for leading companies, which aids indefinite progress while creating meaningful learning experiences for the visitors and invaluable brand awareness for the clients.

  • About Us
  • Advertise With Us
  • General Disclaimer
  • Terms & Condition
  • Privacy Policy
  • Subscribe
  • Contact Us

© Copyright 2022, InsightsSuccess | All Rights Reserved.

No Result
View All Result
  • Home
  • Industry Insider
  • Magazine
  • Franchises
  • Women In Business
  • Blog
  • Conferences
  • IT & Innovations
  • Leadership
  • Healthcare
  • Money
  • Startups

© Copyright 2022, InsightsSuccess | All Rights Reserved.