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NO TAX ON SELLING SHARES
Wife paid husband Rs 7.5 crore after selling her shares and bought his Mumbai property, filed ITR claiming 54F tax exemption, got tax notice; she fought and won the case in ITAT MumbaiWife got tax notice as she claimed Section 54F tax exemption by purchasing her husband’s own Mumbai property for Rs 7.5 crore; ITAT Mumbai ...- Protean eGov shares fall 6% despite 19% YoY jump in Q1 revenue. Should you buy, sell or hold?Protean eGov Technologies shares fell over 6% despite reporting a 19% year-on-year rise in Q1 FY27 revenue to Rs 251 crore. Profit slumped ...
- Molbio Diagnostics IPO to open on August 10, price band set at Rs 768-807Molbio Diagnostics is set to launch its IPO on August 10, 2026, with a price band of Rs 768-807 per share. The Rs 939.70 crore public issue...
- Inside LIC’s Rs 16 lakh crore portfolio: Its biggest stock buys and sells in June quarterLife Insurance Corporation bought shares worth over Rs 16,000 crore in June. Bharti Airtel and Maruti Suzuki saw the largest buying from th...
- Govt unveils tax overhaul to woo global investors, boost manufacturingA new bill aims to attract foreign investment and support key industries. It eases rules for offshore funds and global fund managers operat...
- Overall insurance pie has not expanded as expected: HDFC Life MD and CEO Vibha PadalkarHDFC Life CEO Vibha Padalkar highlights intense competition and rising costs in open architecture. She believes credit life policies are vi...
- He worked 100-hour weeks to rescue a bankrupt North Carolina boat company. Decades later, it drew $400 million-plus offers, but at 83, he did something unexpectedAfter working 100-hour weeks to save a nearly bankrupt North Carolina boat company, Eddie Smith Jr. built Grady-White Boats into a thriving...
- Dhoot Transmission sets IPO price band at Rs 829-871; issue to open on Aug 10Dhoot Transmission Ltd. will launch its Rs 3,066.89-crore IPO on August 10, 2026. The company plans to use IPO proceeds for debt repayment ...
- Apple’s India sales top $10 billion on widening retail pushApple crossed $10 billion in annual sales in India for the first time in FY26, with revenue growing at a double-digit rate from about $9 bi...
- After my death, can my wife transfer our 2BHK to our son via gift deed without an NOC from our daughter?ET Wealth Reader's Query: I own a 2-BHK flat and my wife is a joint owner. We have two children, who are settled abroad. After my death, th...
- NRI selling property, shares or gold in India? Here's how you can manage your capital gains tax in a better waySelling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax redu...
- KKR-backed LEAP India's IPO opens on August 7; price band set at Rs 151-159KKR-backed LEAP India will open its Rs 2,480 crore IPO for subscription on August 7, with a price band of Rs 151-159 per share. The issue c...
- Estate planning: Why passing on wealth during your lifetime can be a smarter succession strategyGifting and charity, in cash and kind, during one’s lifetime offers the scope for creating shared experiences of celebration, travel, enter...
- ITC shares gain 3% after Q1 results. Here’s why Nomura upgraded the stock to BuyITC share Price: ITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY decline in standalone net profit....
- Man was denied Section 54F income tax exemption as builder delayed villa construction by 4 years; Telangana HC grants relief, says taxpayer can't suffer for builder's faultBuilder delayed villa's construction by 4 years, thus tax dept denied Section 54F tax exemption to homebuyer; Telangana HC says homebuyer c...
- ETtech Explainer: Inside Zepto's IPO U-turnZepto has paused its IPO and plans to refile its draft papers after two to three quarters. The decision follows months of valuation negotia...
- A simple guide to start investing in Indian share marketNew investors can now easily enter the Indian share market. Understanding basics and opening necessary accounts are crucial first steps. Se...
- Adani Ports shares shed 3% after Q1 results. Here's why Nomura and other brokerages see up to 24% upsideAdani Ports shares fell 3% after the company reported Q1 FY27 results. Net profit rose 9% year-on-year to Rs 3,620 crore, while revenue inc...
- 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...
- Lady with Rs 5.28 lakh income pays no tax despite Rs 1.42 lakh STCG from equities; Know why ITAT Mumbai allowed the Section 87A rebateEver since the Income Tax utility has disabled the option to claim Section 87A tax rebate on short term capital gains (STCG) from listed eq...
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