Short Term Capital Gains

• 

  IRS Expects to See Spike in Crypto Tax Evasion Cases in the US: Report

  Arming up to tackle this expected rise in crypto tax evasion cases, the IRS in the US is already forging partnerships with several law enforcement divisions to improve the criminal identification process.

• 

  Centre Likely To Propose Removing Long-Term Tax Benefits For Debt Mutual Funds: Report

  India may propose that investments in debt mutual funds be taxed as short-term capital gains, according to a source with knowledge of the matter, a move that could strip investors of the long-term tax benefits.

• 

  Capital Gains: Here's All You Need To Know

  Capital gains are classified into long-term capital gains and short-term capital gains, depending on whether the assets were held for the long term or within a shorter span.

• 

  Budget Booster Likely For Capital Gains On Property, Equity: Report

  If property is sold within 24 months, one has to pay a short term capital gains tax (STCG) on the gains as per an individual's income-tax slab.

• 

  Government Scraps Higher Surcharge On Foreign Investors As Announced In Budget

  Finance Ministry also decided to withdraw enhanced surcharge on short and long term capital gains arising from transfer of equity shares.

• 

  Changes in Long-Term Capital Gains Tax Unlikely: Jyotivardhan Jaipuria

  Market expert Jyotivardhan Jaipuria says that market may have formed a short term bottom but the lows will be retested in second quarter of this calendar year.

• FIIs to pay capital gains tax under GAAR ‘impermissibility’

  FIIs that they have to pay short term capital gains tax on transactions that were deemed impermissible.