Equity intraday trade: Buy and sell equities on the same day. Equity delivery trade: Buy equities on Day 1 and keep it in ...

They must report Indian assets if income crosses Rs 1 cr as threshold for capital gains has increased, say experts ...

Section 54 LTCG tax exemption claim valid without revised ITR; Confirms LTCG deduction on new property purchase in Delhi; ...

If a house is inherited from a grandfather and later rented out, the rent is taxable. Interest from inherited bank accounts ...

With India’s tax laws tightening around retirement products, high-income earners must rethink their strategies. From capital ...

The rationale is that long-term capital gains on assets such as land and buildings should apply only to real profits, ...

NRIs living in the UAE can benefit from the country’s zero-tax regime and India’s tax treaties to minimise their overall income tax burden.

Tax expert CA Nitin Kaushik  warns that using the wrong ITR form or making mistakes in reporting capital gains can lead to tax notices, refund delays, and even penalties.

The rationale is that long-term capital gains on assets such as land and buildings should apply only to real profits, excluding gains purely due to inflation.

NRIs can e-verify their return using Net Banking, or by generating an Electronic Verification Code (EVC) through a ...

Capital gains tax applies when you sell assets like real estate, stocks, or mutual funds at a profit. But the amount of tax you pay depends on two key factors: how long you've held the asset and what ...

Income Tax Department has released new ITR forms for FY 2024-25, but delays in key utilities like ITR-2 are causing concern ...