If Cap.gain tax treatment is as a trader, can I still get tax exemption out my long term mutual funds gain? what's the general term for trading stocks, bonds, mutual funds ...
If Cap.gain tax treatment is as a trader, can I still get tax exemption out my long term mutual funds gain? what's the general term for trading stocks, bonds, mutual funds ...
... to figure out your tax ... say, your mutual-fund shares.) There's a lot to keep track of: While short-term ... taxes on long-term gains (for assets held more than one year) can ...
... out at a rate of 25%. The exemption amount is used to reduce the amount of tax ... long-term capital gain. More bad news. There's more bad news. People who get ... Mutual Funds
... but still undecided on whether to grant tax exemption or other concessionary treatment to ... citizens can open special "long-term" accounts. The tax ... mutual funds shares and ...
... the long-term capital gains tax ... Long-term gain on ... one's home. According to real estate lawyer Robert Bruss, a long commute does not allow a partial exemption in tax to ...
... can they possibly avoid Capital Gains Tax arising out of the Long Term Capital Gain. ... s name, there won’t be any tax exemption on long term gain ... s Gold Mutual Funds ...
... out ... trader, here's your reward. According to the tax ... long-term gains and losses, total sales proceeds and the total cost of your shares. That way, the IRS can still ...
... its treatment as far as income tax ... gain arising out of the sale of shares or equity mutual funds, there is no income tax. The long term capital ... can i get tax exemption if i ...
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Jss 10:14 am on September 9, 2010
Tax on short term capital gains from the sales of shares where you paid security transaction tax is 10% 10% (for AY 2008-09) and 15% (for AY 2009-10) while there is no tax on long term capital gains. In such cases if you hold shares for more than a year, you have a long term capital gain.
Read about Capital gains, computation of capital gains and income tax rates on capital gains: http://mytaxes.in/index.php?topic=30.0.
For all the available Exemptions from Capital Gains under Sections 54, 54B, 54D, 54EC, 54F, 54G, 54GA, read: http://mytaxes.in/index.php?topic=31.0.