Capital Gains Bond Investment Loophole Plugged: Only 50 Lakhs Allowed to...
One more tax loophole in Capital Gains has been bridged. Now, you can only invest your long term capital gain in certain bonds (54EC, like NHAI bonds) upto Rs. 50 lakh. Earlier, if you… (Read On…)...
View ArticleYou Can Buy Only One House To Offset Capital Gains: Budget 2014
You can only buy one residential house with the capital gains you make, says the Finance Ministry, in the Budget. If you have capital gains from selling a house, you can now invest in … (Read On…)...
View ArticleThe 80CCD Confusion: Do You Get Another 100,000 Deduction?
There are many conflicting views on the budget. A certain section – 80 CCD – has been amended, clarifying that it is available to private sector employees as well. This has been taken… (Read On…) [via...
View ArticleScathing Review, Cursed MF: Capital Mind’s Budget Pieces Elsewhere
Two of our articles have been published in Qz and Outlook. Here is some link love: Outlook : “ Strong Mandate, Weak Budget ” – a scathing review of the budget and the market’s response… (Read On…)...
View ArticleNo Easy Choices for AMCs as They Stop Issuing FMPs
There are no easy choices for Mutual Fund Asset Management Companies. After Budget 2014 raised the tax on debt mutual funds , they have pulled out Fixed Maturity Plans from the market,… (Read On…)...
View ArticleUS Funds Will Pay 15% Cap Gains Taxes in India
One interesting move in the Budget is to classify gains of foreign portfolio investors (FPIs) as capital gains. Foreign investors that buy and sell stocks or derivatives are in the… (Read On…) [via...
View ArticleRBI Allows Lower CRR/SLR for Infra Bonds, Eases Infra Lending After Budget
The Finance Minister had announced in the Budget that there would be impetus for long term bank lending to private sector infrastructure projects by providing for contingencies.… (Read On…) [via...
View ArticleBudgetonomics 2014 Released: Capital Mind’s Budget Analysis for Rs. 199
You’ve read Capital Mind and you’ve heard of the Budget. Here’s our take on the budget in a 50+ page book-style report, that you can read at leisure. Many of the posts are public,… (Read On…) [via...
View ArticleJaitley Removes Retrospectivity in Debt Mutual Funds, But FMPs Will Still See...
NDTV reports that the higher tax on debt mutual funds will apply only from July 10 onwards, and not “retrospectively”, from a statement given by Arun Jailtley (Finance Minister)… (Read On…) [via...
View ArticleREITs: The New Way To Make Less Money Than Inflation, in Real Estate
SEBI, in it’s board meeting , approved regulations for Real Estate Investment Trusts (REITs). These are entities which own property and get rental income and/or income from selling… (Read On…) [via...
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