Cryptocurrency traders in India may face significant tax penalties on previously undisclosed profits under new amendments to the country’s tax laws. Cryptocurrencies will be included under Section ...
Ans. As a consequence of the amendment bringing securities held by investment fund as a capital asset, the transfer of such securities shall be taxed as capital gains. Consequently, the income shall ...
As per the Budget 2025 ULIPs with annual premiums exceeding Rs 2.5 lakh will now be taxed as capital gains. The amendment will be effective from April 1, 2026. Long-term gains (from policies held ...
The memorandum of the Finance Bill 2025 elaborates on how the definition of capital asset ... from transacting in securities is capital gain or business income for category I and II AIFs.