LTCG tax for those with income below threshold
A resident individual can adjust the basic exemption limit against long term capital gains (LTCG)
- For resident individual of the age of 80 years or above, the exemption limit is R 5 lakh.
- For resident individual of the age of 60 years or above but below 80 years, the exemption limit is R 3 lakh.
- For resident individual of the age of below 60 years, the exemption limit is R 2.5 lakh.
Top 4 Tax Saver Mutual Funds for 2017
Best 4 ELSS Mutual Funds to invest in India for 2017
1. DSP BlackRock Tax Saver Fund
2. Invesco India Tax Plan
3. Tata India Tax Savings Fund
4. BNP Paribas Long Term Equity Fund
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For further information contact Prajna Capital on 94 8300 8300
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