As India awaits the Narendra Modi 3.0 government’s second Union Budget, it’s an apt time to learn about some of the key terms ...

Whether you’re selling shares or a family property, knowing how capital gains tax works can help you keep more of your ...

The reinstatement of indexation in India’s tax system aims to ensure fair taxation and restore market confidence. It protects ...

A big reduction in the capital gains tax will both turbocharge the economy and provide more revenue for Uncle Sam.

On the expenditure side, revenue spending is expected to rise by 5%, while capital expenditure is projected to grow at a ...

The union budget is set to unfold on 1 February 2025 to set the path of the India economy for the next financial year. The ...

The Budget 2024 eliminated the indexation benefit for LTCG calculations on assets such as property, gold, and unlisted assets ...

The capital gains tax exclusion for primary residences hasn’t changed since 1997. The dramatic gains in home values mean this ...

Tax strategies that apply to private partnerships include capital gains tax deferral, depreciation, tax credits, and ...

Tax harvesting is one of the most effective ways to reduce the tax liability in equity investing. Investors can book tax-free ...

1. Section 112 of the Income Tax Act provides for taxation of Long-Term Capital Gain. The Finance Bill, 2024 amended Section 112 to reduce the rate of taxation of long-term capital gains from 20% to ...

The new residential property must be acquired within two years from the date of sale of the under-construction property.