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LTCG TAX RULES
Rs 15,000 monthly investment for 20 years: NPS or mutual funds? Know which may leave you with a bigger retirement corpusRetirement planning often pits National Pension System (NPS) against equity mutual funds. While mutual funds offer flexibility and potentia...
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
SGBs vs mutual funds: The tax difference could mean lakhs more in your pocket
Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
‘Investment climate not in great shape’: Former PM Modi advisor urges FDI reforms as outflows surge in FY26Former advisor Surjit Bhalla calls for major changes to India's foreign investment rules. He warns that strict policies and unclear regulat...
Policy stability, relief on STT and LTCG key to winning back FPIs: Sudip BandyopadhyayForeign investors are pulling money from Indian markets. Experts urge India to rethink taxes like STT and LTCG. Policy consistency is also ...
Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...
Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...
Can I claim LTCG exemption in same year if I buy a property before selling existing one?ET Wealth Reader's Query: Will buying an apartment before selling the existing one still allow me to claim long-term capital gains exemptio...
SGB Taxation: From zero tax to Rs 2.60 lakh capital gains tax on Rs 10 lakh investment, how new Budget proposal will cost investors dearlyBudget 2026 brings a significant tax change for Sovereign Gold Bonds. Starting April 1, 2026, capital gains exemption will only apply to in...
Capital gain tax ready reckoner: Listed equity, unlisted equity, gold, house property, and other assets for ITR filing FY 2024-25 (AY 2025-26)Latest Capital gain tax rules: The capital gain tax rules were changed in the mid-year from FY 2024-25 (AY 2025-26). Due to this, a taxpaye...
Is LTCG exemption on equity, equity mutual funds Rs 1 lakh or Rs 1.25 lakh while filing ITR for FY 2024-25 (AY 2025-26)?LTCG Equity Exemption for ITR Filing: The capital gains rules were amended effective July 23, 2024. The new capital rules have created conf...
Mutual fund taxation for AY 2025-26: Latest capital gain tax rules for equity mutual funds, debt mutual funds, international mutual funds, gold mutual funds, othersMutual fund capital gains tax rules for ITR filing: Budget 2024 changed the capital gains tax rules from FY 2024-25. The changes became eff...
NRI Taxation: Mutual funds capital gain, TDS rules; STCG, LTCG tax rules from equity, debt, international, hybrid MFs and othersMutual funds taxation for NRI: From FY 2024-25, the capital gains taxation rules were revised for all asset classes, including mutual funds...
How to make gold investments tax efficient after Budget 2024 changed capital gain rules: New STCG, LTCG rates on gold, gold MF, gold ETF, SGBGold, a traditional symbol of wealth and prosperity in India, has long been a popular investment choice. The recent changes in capital gain...
LTCG rules for unlisted shares for NRIs changed; tax rate hiked 25% & foreign currency adjustment removedLTCG tax for NRIs on unlisted shares: The finance minister has amended the budget proposals to remove the benefit of foreign currency adjus...