We are pleased to release the Investar 6.1 release with the following features:
Tag Archives: mutual fund
Long-term capital gains tax (LTCG)
What is long-term capital gains (LTCG) tax?
It is the tax paid on revenue generated by an asset such as real estate, shares or share-oriented products held for a longer time than 12 months before it was sold. The definition of Long-term Capital Gains, or LTCG, is different for various products.
GST and its impact on stocks
The most significant tax reform of India, i.e., the GST or Goods and Services Tax, will eventually become a reality from 1st July 2017. The Lok Sabha passed on 4 significant legislations to introduce a nationwide Goods and Services Tax (GST) bringing India nearer to a uniform tax dominion and while putting an ending uncertainty which is positive for markets.
