long-term capital gains

Maruti to raise deferred tax liability provision by Rs 850 cr in Q2 on indexation removal

by
Maruti to raise deferred tax liability provision by Rs 850 cr in Q2 on indexation removal

Maruti Suzuki India on Saturday said it would need to increase provision for deferred tax liability by around Rs 850 crore due to the withdrawal of indexation benefit while calculating long-term capital gains on debt mutual funds. The company was making accounting provisions for deferred tax liability on fair value gains on these investments, Maruti … Read more

‘12.5% without, 20% with Indexation’: Govt Proposes LTCG Tax Relief for Property Owners by Offering Choice

by
‘12.5% without, 20% with Indexation’: Govt Proposes LTCG Tax Relief for Property Owners by Offering Choice

Reported By: Pallavi Ghosh Last Updated: August 06, 2024, 23:37 IST The union budget announced the withdrawal of indexation benefits from real estate and lowered the long-term capital gains from 20 per cent to 12.5 per cent. (Representational image) A copy of the amendment to be moved by finance minister Nirmala Sitharaman is available with … Read more