Less than 36 months for regular assets and 12 months for shares More than 36 months for regular assets and 12 months for shares Short term capital gains = sale cost ...
Capital gain is the increase in value of an asset that gives the asset a higher worth than the purchase price. The capital gain can be short term or long term. Long term capital gains are usually ...
What would be my tax liability for the capital gains under the new scheme? The indexed long-term capital computed for the house is a loss, and I have long-term capital gains from the sale of ...
If you sell a house or property within one year or less of owning it, the short-term capital gains is taxed as ordinary income, which could be as high as 37 percent. Long-term capital gains for ...
TORONTO, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Vanguard Investments Canada Inc. today announced the final annual capital gains distributions for the Vanguard ETFs listed below for the 2024 tax year. This ...
Union Budget: The full Budget 2024, which was presented in July, brought about significant alterations to the taxation regulations governing mutual fund investments. Mutual funds are a popular ...
are as follows: Section 54F allows exemption if the net sale proceeds (or part thereof) are used to purchase or construct a residential property within the prescribed time limit. The exemption applies ...