Investment For Long Term Capital Gain ~ Indeed recently is being hunted by users around us, maybe one of you personally. People now are accustomed to using the internet in gadgets to view video and image data for inspiration, and according to the title of the post I will talk about about Investment For Long Term Capital Gain. These situations are listed below. As of today nhai national highway authority of india rec rural electrification corporation and pfc power finance corporation issue capital gains bond and have annual interest rate of 5 25. This article discusses provisions of sec 54ec of the income tax act. Provisions under section 54ec provide exemption capital gain arisen on transfer of long term capital assets whether land or building or both when the amount is invested in specified bonds. Long term capital gains reaped by selling listed securities of rs. The long term capital gains tax rates are 0 percent 15 percent and 20 percent depending on your income. Long term capital gains are taxed according to graduated thresholds for taxable. Long term capital gains tax is a tax applied to assets held for more than a year. Any long term capital gain that could not be invested or could not be invested fully in a new house property may be invested in section 54ec bonds specified bonds like nhai bonds rec bonds up to a maximum of rs. This investment in bonds should be done within 6 months from the date of sale. Long term capital gains tax arising from the transfer of a capital asset being unlisted securities or shares of a company not being a company in which public are substantially interested would be calculated at the rate of 10 on the capital gains in respect of such asset without giving effect to the indexation provision under second proviso to section 48 and currency fluctuation under first proviso to section 48. Long term capital gains are derived from assets that are held for more than one year before they are disposed of. Long term capital gain tax is normally calculated at the rate of 20 plus the surcharge and cess as applicable. It also includes the special cases where an individual is charged at 10 on the total capital gain. You can save long term capital gains on assets if you invest the gains in specified long term capital gains bond within 6 months of sale of asset. Investment income is profit that comes from interest payments. Sec 54 ec exemption on long term capital gain on investment of specified bond. 50 lakh in a year. A capital gain therefore is the profit realized when an investment is sold for a higher price than the original purchase price.
A capital gain therefore is the profit realized when an investment is sold for a higher price than the original purchase price. Investment income is profit that comes from interest payments. This investment in bonds should be done within 6 months from the date of sale. If you are searching for Investment For Long Term Capital Gain you've come to the perfect location. We have 12 graphics about investment for long term capital gain adding pictures, photos, photographs, backgrounds, and more. In these webpage, we also provide variety of graphics available. Such as png, jpg, animated gifs, pic art, logo, black and white, transparent, etc.
You can save long term capital gains on assets if you invest the gains in specified long term capital gains bond within 6 months of sale of asset.
As of today nhai national highway authority of india rec rural electrification corporation and pfc power finance corporation issue capital gains bond and have annual interest rate of 5 25. Long term capital gains tax is a tax applied to assets held for more than a year. The long term capital gains tax rates are 0 percent 15 percent and 20 percent depending on your income. Long term capital gains tax arising from the transfer of a capital asset being unlisted securities or shares of a company not being a company in which public are substantially interested would be calculated at the rate of 10 on the capital gains in respect of such asset without giving effect to the indexation provision under second proviso to section 48 and currency fluctuation under first proviso to section 48.