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How capital gain will calculate for sovereign bonds and other bonds in Mprofit?

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  • How capital gain will calculate for sovereign bonds and other bonds in Mprofit?

    Sovereign Bonds are treated as physical gold for taxation purpose, hence for sovereign gold bonds, long term capital gain calculation is 3 years & above and for other bonds, long term capital gain calculation is 1 year & above.


    1. Suppose these are the transactions you have entered for sovereign bond in MProfit.


    Click image for larger version  Name:	1.PNG Views:	1 Size:	14.5 KB ID:	749


    2. In below image, the report shows long term calculate gain after 3 year for this bond.


    Click image for larger version  Name:	2.PNG Views:	1 Size:	4.2 KB ID:	750


    3. Here is the example of transactions of other bond in MProfit.


    Click image for larger version  Name:	3.PNG Views:	1 Size:	14.2 KB ID:	751


    4. In below image, the report shows long term capital gain after 1 year for other bond.


    Click image for larger version  Name:	4.PNG Views:	1 Size:	4.0 KB ID:	752





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