Generally, indexation may be more beneficial where the property has been held for a long period, and its value has…
The government’s response also addressed questions on whether Foreign Portfolio Investors (FPIs) get preferential tax treatment.
Merely having a joint home loan should not prejudice the exemption under Section 54F. What is relevant is whether the…
Discover why Samir Arora says capital gains tax on equities is unique—learn what makes it different from interest income. Read…
The revised LTCG tax framework introduced in Budget 2024 has quietly increased the tax burden on salaried mutual fund investors,…
Tax harvesting is an effective way to reduce tax payments by keeping LTCG within the tax-exempt limit.
According to Section 54 of the Income-Tax Act, 1961, individuals or HUFs can receive an exemption from capital gains tax…
A significant change in the revised bill was regarding the indexation provision in relation to long term capital gains tax…
Indexation removal: The Association of Mutual Funds in India (AMFI) has appealed the government to bring back the indexation benefit…
New LTCG Vs Old LTCG: Taxpayers have now two options to compute their taxes on long term capital gains (LTCG)…
The history of incentivising savings, has since decades inculcated the habit of thrift among middle-class and lower-middle-class Indians.
While the Budget 2024 tax reforms have indeed reshaped the investment terrain, they also present new opportunities for astute investors.
While real estate may see higher growth due to increase in consumption post Budget 2024, the tax burden may make…
The Union Budget 2024 has proposed far-reaching changes regarding taxation of capital gains.
Indexation benefits removal: As the government has clarified that properties bought before 2001 will still get indexation benefits on sale,…
Capital gains tax changes in Budget 2024: Finance Minister Sitharaman made several key changes to taxation for long-term capital gains…
The Finance Minister has proposed significant changes in the taxation of capital gains, including an increase in tax rates and…