Income Tax Rates / Tax Slabs (AY-2014-2015 & 2015-2016)From short-term gains of such securities (u/s. 111A). 15%. From long-term capital gains. 10%. From securities other than referred u/s 111A. 30%. Income by way of interest on certain bonds & Govt. Securities referred in section 194LD, w.e.f. 01 .4.2014. 5%. Other income [not applicable in the case of dividends referred in
Income Tax Rates / Tax Slabs (AY-2014-2015) : Income TaxPartnership Firm are taxed at a flat rate irrespective of income for the A.Y.2014-15 or F.Y.2013-14 as follows. Tax rates on partnership firm is 30%. Any long term capital gains shall be taxable @ 20%. Short term capital gains shall be taxable @ 15%. Education cess @2% and secondary & higher education cess @1% will be
Mutual Funds and Tax Rates for FY 2014-15 Be Money Aware Blog22 May 2015 On Short term/ long term capital gain, tax will be deducted (TDS) at the time of redemption of units in case of NRI investors only. Rate of deduction for FY 2014-15 is given below. Our article NRI : TDS,Tax and Income Tax Return explains who is NRI,Tax and TDS on various kinds of income for NRI, example
New Tax slabs for FY 2014-15 (AY 2015-16) BasuNivesh12 Jul 2014 My original text was “Now that in FY 2014-15, the short term for debt funds have been redefined as less than 36 months, I have a query regarding Short term Capital Gains Tax applicable. What is the definition of 'Tax Slab' shown above? Is it the slab in which my Income tax rate falls? If I am in less than Rs 3
How to calculate Capital Gains Tax on Shares LTCG & STCGKnow How to Calculate capital gains tax on shares in India. Check calculation for ✓ Long Term Capital Gains, Short term Capital Gain & Indexed Cost.
Capital Gains Tax Long Term Capital Gains & Short ClearTax2 Jan 2018 Use the capital gains calculator to calculate long term capital gains tax & short term capital gains tax. Find out Definition of rural area (from AY 2014-15) – Any area which is outside the jurisdiction of a municipality or cantonment board, having a population of 10,000 or more is considered rural area. Also
Country Tax Profile: India KPMGThe tax rate on long term capital gains arising on the transfer of such assets is 20.6 percent or 22.04 percent or 23.07 percent in case of domestic company, provisions and detailed rules have been introduced which are applicable for a period of five years starting with Assessment Year (AY) 2013-14 for the prescribed.
India Income Tax KPMG GLOBALShort-term capital gains arising on transfer of securities and specified units liable to STT are taxed at a rate of 15 percent (plus surcharge, if any plus education cess). TY 2017-18: It is proposed in the Finance Bill 2017 that immovable property (Land or building
Long-Term Capital Gains Tax Rates in 2016- The Motley Fool14 Dec 2015 How are long-term capital gains taxed? While short-term gains are taxed at the same percentage rate as your U.S. federal income tax bracket, long-term gains face a maximum rate of 20%, with most people paying just 15% and some paying nothing. Selena Maranjian. (TMFSelena). Dec 14, 2015 at 7:
Rates of Income TaxFor A.Y. 2016-17 (Refer Notes). Income Tax Rates for companies where turnover or gross receipts in previous year 2014-15 does not exceed ₹ 5 crores . Short term capital gains arising on transfer of equity shares on recognised stock exchange in India or units of an equity oriented Mutual Fund (if more than 65% of total
Capital Gains Tax Rates [AY2018-19 & AY2017-18] CutMyTax3 days ago Capital Gains Tax Rates [A.Y.2018-19 & A.Y.2017-18] We are here giving the capital gains tax rates chart including short-term capital gains and long-term capital gains. However, on transfer of equity shares, mutual funds subjected to Securities Transaction Tax, shall be taxable at a flat rate of 15%.
Mutual Funds Taxation Rules Capital Gains Tax Rates Chart FY11 Aug 2017 Latest Short Term Capital Gains & Long Term Capital Gains Tax rates Mutual Funds for FY 2017-18 (AY 2018-19). Mutual May 14, 2017 at 11:59 am My father is 59yrs old and he wants to invest 5lakh lump sum as onetime investment, so that my mother will get 10-15k/month as income after his demise.
Tax Rates Imimg15.Tax Payable [(12)+(13)-(14)]. ***. NOTE:- 1.(2) cannot exceed (1).,. 2.Surcharge is applicable as a % of income tax [i.e,(5)].These rate are:- Assessment year. 2010-. Rate. 111A. Short Term Capital Gain. 15. 112. Long Term Capital Gain. 20. 115A(1)(a)(i) Dividend Received by the foreign company or a non resident non.