Tag: Short Term Capital Gains

Impact of DTC Revision on Real Estate

On June 15, the revised draft for the Direct Tax Code was released. This code is a try by the Indian government to simplify the laws of income tax. The government is waiting for the Parliament to pass the code and plans to adopt it from April 1, 2011. Below is the list of some […]

Realty Investors Take Equity Route To Offset Tax Burden

Though the realty sector has been hit by the general economic slowdown, smart property investors, who raked in the moolah when the going was good, made use of the equity markets to reduce the tax they paid on those gains. According to tax consultants, people whose income is derived from other sources, say a salaried […]