Budget 2018-19 : capital gain exempt bonds lock-in-period increased to 5 years..! - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Tuesday, February 06, 2018

Budget 2018-19 : capital gain exempt bonds lock-in-period increased to 5 years..!

Budget 2018-19 : capital gain exempt bonds lock-in-period increased to 5 years..!

Investment in capital gain exempt bonds – Currently, gain from the sale of any long term asset, if reinvested in Capital Gain bond, is exempt from income tax. 

Now, it is proposed to give exemption to the gains from sale of land and building only. 

Secondly, the lock-in-period of bonds is 3 years and now it is increased to 5 years. This means, not good for tax savings.
Budget 2018-19 : capital gain exempt bonds lock-in-period increased to 5 years..! Reviewed by S. Chitra on February 06, 2018 Rating: 5 Budget 2018-19 : capital gain exempt bonds lock-in-period increased to 5 years..! Investment in capital gain exempt bonds – Currently, gai...

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