Post by: Dinesh Pandiyan in Capital Gains
Cost Inflation Index (CII): Meaning, Table, Calculation “The Cost Inflation Index (CII) in India for the financial year 2024-25 is 363.” The Cost Inflation Index (CII) is primarily used to match the prices of goods, services, and assets to the…
Post by: Dinesh Pandiyan in Capital Gains
Short Term Capital Gains Tax (STCG) Short-term capital gains refer to the profits earned from the sale or transfer of assets held for a short duration. According to the Union Budget 2024, the "Short term capital gains tax" on specified…
Post by: Dinesh Pandiyan in Capital Gains
Long Term Capital Gains Tax (LTCG): Meaning, Calculation, Tax Rates, & Exemptions Long Term Capital Gains Tax (LTCG) is a critical aspect of income tax that applies to profits arising from the transfer of capital assets such as property, shares,…