Cabinet approves Rs 4,415 crore upgrade of 233 km NH-347B in Madhya PradeshThe Cabinet Committee on Economic Affairs has approved a Rs 4,415.60 crore project to upgrade and widen NH-347B in Madhya Pradesh. The 233....
03 Jun, 2026, 05.03 PM IST
Planning early retirement at 50 with a Rs 12.5 crore corpus? Expert explains how to generate Rs 2 lakh monthly incomeAn investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The exp...
03 Jun, 2026, 10.41 AM IST
Manipur Police add 477 vehicles to bolster security responseManipur Police has received 477 new vehicles, including bulletproof models, to boost its operational strength. This comes as the state grap...
25 May, 2026, 09.48 PM IST
Bengaluru, India's IT capital, has highest dowry-related cases among metro cities: NCRB reportBengaluru leads metropolitan cities in dowry-related cases with 878 incidents reported in 2024, accounting for 87% of metro cases. Delhi, h...
09 May, 2026, 03.44 PM IST
Sold land for Rs 5 crore, bought new land in wife’s name, paid no capital gains tax, got tax notice; Why ITAT Delhi denied tax exemptionA man who sold agricultural land for Rs 5 crore and reinvested the gains into a new plot in his wife's name was denied capital gains tax ex...
02 Feb, 2026, 11.45 AM IST
Bought new agricultural land before selling old one? Why Budget 2026 must allow capital gains tax exemptionIndividuals and HUFs can get tax exemption on selling urban agricultural land. This benefit applies if the capital gains are reinvested in ...
30 Jan, 2026, 12.45 PM IST
Get full tax exemption on sale of farm land by using this tax provisionIndian taxpayers, especially individuals and HUFs, can save on taxes by reinvesting capital gains from agricultural land sales into new agr...
17 Sep, 2025, 11.48 AM IST
Sold your house property or land? These nine sections in Income Tax law can help save capital gains taxIndians can save capital gains tax on property sales. The Income Tax Act offers nine sections for tax reduction or zero tax. Sections cover...
08 Sep, 2025, 03.02 PM IST
How to pay zero or lower income tax on your residential property sale using Sections 54 and 54FIndian income tax laws offer exemptions on long-term capital gains (LTCG) from selling residential property and land. Sections 54 and 54F o...
03 Sep, 2025, 09.01 AM IST
No LTCG tax on Rs 1.32 crore house bought only at Rs 45 lakh: Homebuyer wins LTCG tax exemption case at Delhi ITAT after 7 years fightA homebuyer faced legal and tax challenges after buying a Delhi property, including a dispute over the sale agreement and issues with incom...
08 Jul, 2025, 10.45 AM 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
Buying house by selling equity shares? Here’s how you can claim tax exemption for LTCG on stocks soldSave LTCG tax on equity: To finance the down payment for buying a house, many people sell their assets such as equity shares, equity mutual...
05 Nov, 2024, 12.16 PM IST
Trying to use Capital Gains Scheme Account to cut LTCG tax on indexed gains from 20% to 12.5%? It won't workLTCG tax on the sale of the house at 12.5%: If a taxpayer has sold the home on or before July 22, 2024, and put the money in a Capital Gain...
24 Aug, 2024, 11.12 AM IST
Investment limit capped at Rs 10 crore for capital gains account scheme from FY2023-24The government set a limit of Rs 10 crore for the long-term capital gain tax deduction for reinvestment in residential properties in Budget...
30 Mar, 2023, 03.48 PM IST
Missed ITR filing? You might pay penalty even if income is below exemption limitThe government via Finance Act 2019 has amended the Income-tax Act whereby it has made it mandatory for certain categories of individuals t...
11 Nov, 2020, 12.10 PM IST
How to calculate short-term and long-term capital gains and tax on theseRead on to find out how to distinguish between short-term and long-term capital assets and calculate the gains in each case.
28 Aug, 2017, 04.39 PM IST
Tax queries: ET answers your questions on taxes and leviesSenior chartered accountant, Dilip Lakhani answers queries from our readers on income tax and other levies.
13 Jan, 2016, 04.00 AM IST