WebIf indexation is applied, the indexed cost of acquisition would be Rs. 3.30 lakhs. The taxable capital gain would be: (a) Long term capital gain Rs. 8.70 lakh (b) Short term capital gain Rs. 9 lakhs (c) Long term capital gain Rs. 9 lakhs (d) Short term capital gain Rs. 8.70 lakhs Q22: Mr. v sold a vacant land to Mr. D for Rs. 36 lakhs. WebWhen the gains arising from sale of capital assets being securities are characterised as capital gains, the tax rate depends on the period of holding of the securities. ... Listed bonds or listed debentures 10% (without indexation) (Note 5) Normal rates 10% (without indexation) (Note 3) Slab rates for non-resident individuals, 30% (in case of ...
What are Debentures? - Types, Advantages and Bond vs …
Web30 mei 2016 · If the holding period is less than 12 months, capital gains on sale of tax-free bonds on stock exchanges are taxed as per the tax rate of the investor. If bonds are held for more than 12 months, the gains are taxed at 10.3 per cent. There will not be any benefit of indexation in them. Web12 apr. 2024 · Debt mutual funds are a type of mutual fund that invests in fixed-income securities such as bonds, debentures, government securities, and other money market instruments. These securities are issued by companies, banks, or the government and offer a fixed rate of return. The objective of debt mutual funds is to generate regular income for ... groovy emulator
Cost Inflation Index (FY 2024-24): CBDT Release and its impact on ...
WebAgricultural Income [Sec. 2(1 A)] Any rent or revenue derived from land which is situated in India and is used for agricultural purposes and any income derived from such land by agricultural operations or any process or sale of such produce and any income from a farm house, is treated as agricultural income Gross Total Income [Sec. 80 B(5)] The total of … Web21 jul. 2024 · Indexation benefit is not available in case of Debt securities such as Debentures and Bonds except in case of Capital Indexed Bonds and Sovereign Gold … Web25 feb. 2024 · The insurance business is a relatively stable industry within the broader economy, and insurance earnings additionally profits normally don't wavering much with the economic cycle. Include addition to selling policies, insurance companies profit by investing of money they take in. filey holiday lets caravans