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NA BULL… NA BEAR…BANO MARKET KE SHER!

Investment In Shares Is Your Best Bet To Beat Inflation And If Rightly Handled Can Earn Big Fortunes For You! TAX LURES OF THE CAPITAL MARKET · Dividend from shares/income from units totally exempt from income tax · All investments of capital market exempt from wealth tax · LTCG on sale of equity shares/units of equity funds chargeable to STT fully exempt from income tax ·  STCG on sale of equity shares/units of...

SHARE INVESTMENT NOT BUSINESS!

Mumbai High Court Stresses On Need For Uniformity & Consistency In Approach! “Activity of a taxpayer accepted as investment in shares in earlier years cannot be treated as business in subsequent years, if facts are the same.” This landmark ruling of the Mumbai High Court delivered on 6th January, 2010 will make several investors heave a sigh of relief, in the backdrop of the recent onslaught of the Income-tax...

Now no Capital Gain without Tax Pain!

End Of Tax Honeymoon For Market Investors! Understanding The New Capital Gains Regime New Rules for Computation Present distinction between long term and short term gains to be eliminated. Current exemption for capital gains arising from transfer of personal effects and agricultural land beyond specified urban limits to continue. Base date for computing cost of acquisition shifted from 1st April, 1981 to  1st...

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