ITR Filing: How to set off capital losses to reduce your tax liability There are several rules and provisions for capital losses under the Income Tax Act. As a result, taxpayers should be… March 9, 2023 13:53 IST
What Budget 2023 may have in store for ease of capital gains tax Kunal Savani, Partner, Cyril Amarchand Mangaldas, said that while capital gains are taxed based on the period of holding and… January 31, 2023 17:35 IST
Budget 2023: How can the capital gains tax regime be simplified for foreign investors? A rationalized, simplified and predictable structure for taxing capital gains on equity and debt can further add to vibrancy of… January 11, 2023 14:01 IST
Set off short-term capital loss against long-term capital gain The short-term capital loss can be set off against long-term capital gain. January 2, 2023 00:35 IST
Rationalisation in long-term capital gains tax structure on the anvil The index year for capital gains tax calculation is revised periodically to make it more relevant. November 25, 2022 10:51 IST
Tax on Bonds: Know the tax implications when a convertible bond is converted into shares Unlike fixed deposits (FDs), investors generally get the options to buy and/or sell the bonds in the secondary markets, which… September 23, 2022 20:32 IST
Zero Coupon Bonds: Know tax rules when such a bond is held till maturity, sold early As the coupon rate of a zero coupon bond is zero per cent, people investing in such bonds don’t get… September 22, 2022 20:51 IST
Yet to save tax? Know 80C tax-saving investment options, features and limits to save maximum tax As tax-saving investments are generally long-term in nature, you may use them effectively to meet your long-term financial goals September 22, 2022 19:47 IST
How to save tax on sale of residential property? Get the timing right Buying and selling a house property not only involves a huge amount of money, but prevailing market price and personal… August 28, 2022 18:29 IST
Rs 13,000 payout for just Re 1 tax-free capital gain! Keep it in mind while doing your tax planning The incomes salaried taxpayers mostly ignore are interest on savings bank accounts, interest on income tax refund, if any, and… August 7, 2022 18:57 IST
Income Tax Return: Confused over how to disclose capital gains on debt funds? Know where to put it Whenever you sell or redeem units of equity-oriented or debt-oriented mutual fund (MF) schemes, it results in capital gain or… July 29, 2022 21:07 IST
Income Tax Return: LTCG on equities up to Rs 1 lakh is tax free, but you may still end up paying tax Despite keeping the aggregate income within Rs 5 lakh and LTCG within Rs 1 lakh, you may still end up… July 26, 2022 11:47 IST
Income Tax Return: Know how bonds, debt funds and securities are taxed before filing your ITR As different debt instruments have different taxation rules, it’s important to know they are taxed before filing your returns of… July 21, 2022 21:30 IST
Higher tax on capital gains, other passive incomes on cards as mostly rich people get the benefits In February 2022, the Revenue Secretary had mentioned that 80 per cent of long-term capital gains from equity were received… April 13, 2022 22:55 IST
Capital Gains From Equities: It’s time to save money with tax harvesting As the current financial year will end in a week’s time, equity investors should go for tax harvesting before March… March 23, 2022 00:15 IST
Your Queries – Income Tax: Pay tax on sale proceeds of farm land if it qualifies as capital asset For I-T purposes, immovable property is classified as long-term capital asset if held for more than 24 months else the… March 2, 2022 01:00 IST
Extra Push: Capex outlay in FY23 pegged at Rs 10.5 lakh crore Spend by the Centre, CPSEs to be up about 9% over FY22 BE January 27, 2022 06:00 IST
Common mistakes to avoid in the last days of filing ITR ITR filing after the due date would attract a penalty up to Rs 5000. Another drawback of not filing the… Updated: December 31, 2021 16:29 IST
US Immigration services notify how nonimmigrant workers who are laid off can prolong their stay; Details inside
7 Photos PM Modi undertakes Namma metro ride, interacts with workers, staffs, students; See Photos 19 mins agoMarch 25, 2023
8 Photos Ramadan 2023: Holy month to begin for Muslims from Friday – See Photos 2 days agoMarch 23, 2023
8 Photos Delhi in Spring: A riot of colour! Nature smiles at visitors as Nehru Park blooms with flowers | See beautiful photos 2 days agoMarch 23, 2023
