#NRImoneyclinic #NRItax #Incometax #CapitalGainstax
TYPES OF INDIVIDUAL TAXES
INCOME TAX
CAPITAL GAINS TAX
DISADVANTAGE OF INCOME TAX
No Escape
Follows Slab Rate
Higher The Income, Higher The Tax
ADVANTAGES OF CAPITAL GAINS TAX
Flat Rate Of Taxation – No Slab
Lower Than Highest Slab Of Income Tax
Exemptions Limits Per Year ( Equity)
Indexation Benefits ( Debt Funds )
Offsetting Facility ( Losses Can be C/O)
Roll Over Facility ( Purchase Of New Property)
Deferred Taxation ( Pay Only When You Sell An Asset )
Specified InvestmentsTo Avoid Capital Gains.