Monday, November 4, 2024

Buying house by selling equity shares? Here’s how you can claim tax exemption for LTCG on stocks sold

Save LTCG tax on equity: To finance the down payment for buying a house, many people sell their assets such as equity shares, equity mutual funds, gold, etc. The income tax laws allow taxpayers to claim tax exemption on the long-term capital gains arising from the sale of equity shares and other capital assets.

from Tax-Wealth-Economic Times https://ift.tt/L4IZqF8

Sunday, November 3, 2024

How NPS can help you save Rs 55,000 tax in new regime

Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.

from Tax-Wealth-Economic Times https://ift.tt/1bRtWr5