Cap
Capital Gains Tax
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Tax on interest earned from debt mutual funds is added to your income and taxed according to your individual income tax slab.
"The rate of mutual funds is based on your income tax slab. So, whatever interest you have earned wil..."
Jun 7, 2025
Correct
Long-term capital gains tax on equity mutual funds (held over 1 year) is 12.5% on profits exceeding ₹1 lakh in a financial year.
"If you have long term capital gains tax, meaning you have held that equity for more than 1 year, the..."
Jun 7, 2025
Correct
Short-term capital gains tax on equity mutual funds (held less than 1 year) is 20% on the total profit, regardless of the amount.
"Short term capital gains tax is 20%. Meaning, if you sell it within 1 year, then whatever your profi..."
Jun 7, 2025
Correct
The speaker warns the couple about potential capital gains taxes on their home sale, as they have not lived there for the required two years.
"And then you also get any capital gains. By the way, if you do make profits, you haven't lived there..."
May 21, 2025
Pending
Capital gains are taxed at a lower rate (0-20%) compared to ordinary income (potentially 37%), leading to significant tax savings.
"capital gains are taxed at a lower rate than ordinary income so instead of paying 37% maybe you pay ..."
Mar 28, 2025
Correct
A profit of 10 lakh rupees from selling the house is estimated to incur a capital gains tax of approximately 80,000 to 1 lakh rupees.
"you will have to pay tax of around 10 lakh rupees on that. Meaning, if you assume that you earn a pr..."
Nov 9, 2024
Pending
The government may increase capital gains tax to 30% in the long term.
"but there is a strong possibility that the government wants to make it at 30"
Sep 18, 2024
Pending
President Biden proposes increasing capital gains tax rates for wealthy individuals.
"he wants to increase the capital gains tax rate that you pay if you're wealthy"
May 6, 2024
Pending
The proposal suggests a zero percent capital gains tax rate for individuals earning up to $165,000 (joint filers) or $82,000 (single filers).
"under this new proposal however that amount would be amended with a zero percent capital gains tax r..."
Aug 1, 2022
Pending
Long-term capital gains tax rates are generally lower than unqualified capital gains tax rates.
"Not only that, but the capital gains tax rate is generally much lower on investments that you've hel..."
Apr 18, 2022
Pending