WebNov 17, 2024 · If you are not disclosing your income and thereby not paying taxes on it, you will attract several fines and penalties. Furnishing incorrect statements can attract fines in the range of ₹10,000 – ₹100,000 . Furthermore, if you disclose your income during the course of the investigation by the government, a 30% penalty is payable. WebApr 3, 2024 · Employee Stock Option Plan (ESOP) of an organisation whose parent company is located outside India. However, tax implications associated with such investments become an important point of consideration for Indian investors. So, in this article we would like to throw light upon Tax implications on. Investment in stocks outside India and
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WebApr 10, 2024 · If you invested Rs 10 lakh in a stock today and made an STCG of Rs 3 lakh within 1 year of holding, you would have a net gain of Rs 13 lakh. Your short-term capital gains will be taxed at Rs ... WebMay 5, 2024 · Also Read. The short term capital gains on listed shares are subjected to tax at the rate of 15 per cent u/s 111A of the IT Act. On the other hand, the long term capital gains are taxed at 10 per ... noter hack the box writeup
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WebMar 24, 2024 · Should an NRI pay taxes on gains made on the sale of property in India? Property sold in India is generally subject to tax deduction. The person buying the … WebLong-term capital gains would be subjected to tax at a rate of 10% (plus applicable surcharge and cess) under Section 112A of the IT Act after claiming an exemption up to … WebMar 19, 2024 · Likewise, stocks and equity will still be subject to a 15% tax on short-term capital gains if STT is paid (STCG), and in case of an off-market transaction, the applicable tax slab rate will apply. noter flight