Paying Tax Is Better Than Saving Tax Check Out How
LTCG: Paying Tax is better than Saving Tax THE FACT: Long Term Capital Gain (LTCG) is blatantly taxable @ 20%.No deduction under Chapter VIA (like u/s 80C towards PPF/LIC/NSC etc) is available against the Long term capital gain. Tax Saving Options: A tax payers having long term capital gain have the following two options: Pay Tax @ 20% orSave Tax by investing in Approved mode. SAVING LTCG TAX U/S 54EC: One of the most popular tax saving option for all spectrum of tax payers is to save tax by investing the LTCG in the bonds issued by the...