India’s financial landscape offers ... Although the government has taken steps to rationalise capital gains taxation, a comprehensive alignment of tax rules across all types of collective ...

ITAT Mumbai held that as per circular no. 6 of 2016 dated 29 th February 2016, it is clear that it is the assessee who decides whether the shares are held as investment or stock-in-trade. Thus, here ...

If you're a tax resident of a foreign country that doesn't tax capital gains and has a residual clause under ‘capital gains’ in its double taxation avoidance agreement with India, you're in luck.

This ITAT ruling will impact all NRIs investing in Indian mutual fund schemes, as the capital gains earned will not be subject to taxation in India. ( FE Online) The Mumbai income-tax appellate ...