Need A Financial Product Forums Tax Savings What is capital gain?

This topic contains 1 reply, has 2 voices, and was last updated by  Kaushal Mehta 3 years, 4 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #47502

    What is capital gain?


    When a capital asset (some bond investment or real estate) is transferred to a different owner, the realisation of a net gain exceeding the amount of actual purchase is termed as capital gain and is subjected to certain taxable conditions. Any transfer of capital asset, which could be almost any durable property, is a potential for capital gain. The amount of tax applied on such capital gains also depends upon the time period of the ownership. If a person holds a capital asset for more than thirty-six continuous months, than it is called long-term asset and the gain is referred to as long-term capital gain. The tax on long-term capital gains is higher than the short-term ones.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.