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FINANCE MINISTER RESPONSE LTCG
India growth resilient amid global uncertainty, but crude risks lingerGlobal uncertainties resurface, impacting the worldwide economic outlook significantly. Resilient domestic demand continues to support Indi...
Saturn Retrograde Meaning 2026: Dates, What Shani Retrograde Means for Every Zodiac Sign & Vedic Astrology PredictionsSaturn Retrograde 2026 is one of the year's most significant astrological events, but contrary to popular belief, it does not simply bring ...
Is government planning to scrap Long Term Capital Gain (LTCG) tax on equities for domestic investors in FY 26-27? Minister respondsLong Term Capital Gain: The Finance Ministry has denied contemplating the scrapping of LTCG tax on equities for domestic investors. There i...
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...
Government sets up India Digital Payment Intelligence Corp to contain cyber fraudsIndia Digital Payment Intelligence Corporation has been established to combat cyber financial frauds. This new entity will share real-time ...
BJP leaders step up Instagram activity after PM's call for digital outreachThe BJP is intensifying its digital outreach on Instagram to connect with young people. Prime Minister Narendra Modi leads this coordinated...
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...
Will table audit report on corruption during DMK regime, says TN Finance MinisterTamil Nadu Finance Minister N. Marie Wilson said the TVK government will table an audit report during the Budget session alleging corruptio...
Accept responsibility with humility: Pralhad Joshi on appointment as education ministerPralhad Joshi accepted the new Education Minister role with humility. He takes over from Dharmendra Pradhan who resigned Saturday. Pradhan ...
Bengal govt tables 28 pending CAG reports, accuses TMC of 'constitutional lapse'West Bengal's BJP government tabled twenty-eight pending CAG reports in the Assembly. The Finance Minister cited a constitutional lapse by ...
Finance minister Nirmala Sitharaman asks I-T officials to ease burden on honest taxpayersFinance Minister Nirmala Sitharaman urged tax officials to ensure taxpayer convenience. She stressed firm action against tax evasion and ec...
Sold multi-asset MFs? Before filing ITR, check the fund’s underlying asset mix as it determines tax treatment; know how to file return on such gainsMulti-asset mutual fund taxation depends on equity and debt exposure. Equity-oriented funds have specific tax rates and holding periods. De...
CJP Jantar Mantar protest: Govt acted on NEET leak, PM's fast-track courts will ensure swift justice, says SitharamanCJP Delhi protests: Finance Minister Nirmala Sitharaman defended the government's swift response to the NEET paper leak. She stated that ar...
Parliament Watch: E-filing portal scales up as ITR rush peaks, LTCG mop-up jumps 79% to ₹1.29 lakh cr in AY26 & moreThe income tax e-filing portal has been upgraded to handle increased filings. Revenue from long-term capital gains rose significantly in as...
Former defence minister Healey named as new UK finance ministerJohn Healey, a former defence minister, has been appointed finance minister by new Prime Minister Andy Burnham. Healey previously served as...
India says no proposal to offer long-term tax relief for domestic equity investorsIndia's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in...
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...