NIFTY 50

Income Tax department to introduce new ITR norms on capital gains, others, before April 10

Updated : March 28, 2019 01:11 PM IST

The new norms will include a 10 percent tax on corporates and individuals for gains made on assets worth over Rs 1 lakh: sources
Profits or gains arising from the transfer of a capital asset such as property, gold, shares and bonds are considered capital gains and taxed under the income head “capital gains".
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV