#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.