If a plan is withdrawn during the lock - in period, it will be subject to
the applicable tax slab in the year of withdrawal.
Tax rate is determined by
applicable tax slab based on total income.
Not exact matches
Dear Dheer, If the new property is sold within a period of three years, the earlier LTCG exemption claimed with respect to the old property shall be revoked and the capital gain on old property becomes taxable at the income
tax slab rate that is
applicable to the individual.
Short Term Capital Gains are included to taxable income and
taxed at
applicable income
tax slab rate.
If it is sold before 3 years, Short Term Capital Gains are included in your taxable income and
taxed at
applicable income
tax slab rates.
2 — No. 3 — No. 4 — Short Term Capital Gains are included in your taxable income and
taxed at
applicable as per your income
tax slab rate.
Sir, If I invest today & change in
tax rate & or
slab in budget 2017 - 18 in 1 February 2017, Which
tax rule will be
applicable on my today's investment
REPLY continuing question January 3, 2017 4:42 pm Sir, If I invest today & change in
tax rate & or
slab in budget 2017 - 18 in 1 February 2017, Which
tax rule will be
applicable on my today's investments
bank interest income etc. and
taxes have to paid at the
applicable slab rate.
In order to pick out the right ITR form, you need to know the
tax slab, which is
applicable depending on the salary break - up or the income types specified under the
tax laws.
The
applicable slab rates decide the
tax levied on them.
While the rate at which the banks carry out TDS is 10 % employers of salaried professionals may also carry out TDS deductions as per rates of income
tax slab that are
applicable.
However, annuity income from a pension plan is not exempt and
taxed at normal
slab rates
applicable to the insured.