{"id":9751,"date":"2022-09-07T00:34:56","date_gmt":"2022-09-06T19:04:56","guid":{"rendered":"https:\/\/aayushbhaskar.com\/?p=9751"},"modified":"2022-09-07T00:34:56","modified_gmt":"2022-09-06T19:04:56","slug":"how-to-save-tax-on-capital-gains-in-india","status":"publish","type":"post","link":"https:\/\/aayushbhaskar.com\/how-to-save-tax-on-capital-gains-in-india\/","title":{"rendered":"How to Save Tax on Capital Gains in India?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

Capital Gains Tax or CGT is a tax levied on assets of individuals and corporations. The assets subject to capital gain tax are Stocks, bonds, real estate, and other properties.\u00a0<\/span><\/p>\n

So, if you plan on trading your property, you will be subject to capital gains tax on the profits made after deducting the indexed cost of acquisition and inflation, which can vary widely based on the holding term of a capital asset.<\/span><\/p>\n

However, many options exist for reducing a property’s capital gain tax upon sale.\u00a0<\/span><\/p>\n

Let’s check it out!<\/span><\/p>\n

Definition of CGT:<\/span><\/strong><\/h2>\n

The term “capital gains” refers to the profit made by an investor when selling an asset for more than they paid for it.\u00a0<\/span><\/p>\n

Capital investments include properties like houses, cars, and jewelry. The Capital Gains Tax (CGT) depends on whether the gain was made quickly or over a long period.<\/span><\/p>\n

The following percentage of tax deduction is available under such circumstances:<\/span><\/p>\n