Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculationNRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term ca...
29 Jul, 2026, 11.21 AM IST
Save income tax when filing ITR for AY 2026-2027 by claiming Section 54 or 54F benefits if you sold land, house property or equity shares; Know howIndian taxpayers can claim capital gains tax exemptions by reinvesting sale proceeds. Section 54 and 54F allow exemptions for residential p...
27 Jul, 2026, 03.06 PM IST
Income tax return: How to report capital gains correctly to avoid ITR filing mistakesAll disclosure of capital gains must be filed in Schedule CG. This schedule houses separate sections for different types of gains. For accu...
20 Jul, 2026, 11.45 AM IST
ETMarkets Smart Talk | Selling property in India? Here's how NRIs can avoid excess TDS: Trilegal's Himanshu SinhaNRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can pre...
13 Jul, 2026, 09.00 AM IST
Can me and my wife claim LTCG tax exemption on gains from residential property sold in 2025?ET Wealth Reader's Query: In 2025, I sold a residential property, which was purchased in 2008 in the joint names of my wife and I. However,...
23 Jun, 2026, 01.23 PM IST
How can you invest LTCG in Section 54EC bonds?Capital gain bonds are tax-saving instruments that are issued by entities backed by the government, including REC, National Highways Author...
09 Jun, 2025, 06.30 AM IST
Want to save on paying taxes on capital gains? Don't utilise 54EC bonds in a hurry; check for this notice before taking the callTo save on long-term capital gains tax, investors can utilize Section 54EC by investing in specific long-term bonds, which are notified by ...
10 Apr, 2025, 05.15 PM IST
When to use Capital Gains Account Scheme to save income tax if you made long-term capital gains after selling land, property, equities, etc.?Capital gains: Both Indian residents and NRIs can use Capital Gains Account Scheme (CGAS) to save paying capital gains tax on long-term cap...
24 Mar, 2025, 10.27 AM IST
Planning to save LTCG tax by buying new house? Govt extends time limit till March 31, 2023The Central Board of Direct Taxes (CBDT) has issued a circular on January 6, 2023, to extend the time limit to claim tax exemption under se...
07 Jan, 2023, 02.51 PM IST
Are you liable to pay tax on money received as gift?According to Section 56(2) of the Income Tax Act, 1961, any sum received from relatives is not chargeable to tax.
27 Aug, 2018, 06.30 AM IST
Planning to invest LTCG in Sec 54EC bonds to save tax? Do it before 31 MarchYou should invest in 54EC bonds before 31 March 2018 as bonds issued after this date will have to be held for a minimum of five years.
22 Mar, 2018, 10.14 AM IST
Budget 2018: Lock money into 54EC bonds for 2 more years to escape LTCG taxExemption from LTCG tax are available if the gains are invested in the specified asset of the section within six month of the date of sale ...
02 Feb, 2018, 11.06 AM IST
PFC's 54EC capital gain bond issue in July, to raise Rs 18K croreThe PFC is the first company to raise capital gain bonds under Section 54EC this fiscal. The issue would remain open till March 31, 2018.
15 Jun, 2017, 08.06 PM IST
FinMin allows PFC to issue bonds free of capital gains taxThis will enable PFC to raise funds for long terms through issuance of tax free bonds.
12 Jun, 2017, 02.48 PM IST
Mutual fund costs will fall, but only as we build scale: Sanjay Sapre, Franklin Templeton Investments IndiaIndians need the services of investment advisers as they lack the financial literacy needed to understand market-linked products.
23 Jan, 2017, 11.41 AM IST
- Q&A: Taxation
Section 54 provides for exemption on longterm capital gains arising on sale of a house on reinvestment in another house within a stipulated...
31 May, 2011, 06.05 AM IST
- Govt extends deadline for tax sops on bonds
Good news for those who could not avail of tax benefit on long-term capital gains due to non-availability of specified bonds.
01 Jul, 2006, 03.29 AM IST