Indians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...

Indian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETF...

Arbitrage mutual funds present an avenue for investors seeking returns over a year or more. These funds capitalize on price discrepancies b...

A Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...

Wipro's share buy-back offers Rs 250 per share, a premium over market price. New tax rules effective April 1, 2026, treat buy-back proceeds...

Arbitrage mutual funds offer attractive after-tax returns for investments held over a year, taxed at 12.5% like equity funds. These funds e...

Investors can save income tax by strategically selling equity shares and mutual funds before March 31, 2026. Tax loss harvesting allows off...

ITAT Delhi ruled that brought forward long-term capital losses and current year's short-term capital losses from shares and mutual funds ca...

LTCG indexation benefit on sale of house property: The government has provided partial relief to the homeowners by providing an option of i...

Capital gains indexation calculation after amendment of Finance Bill, 2024: The Union government offers a huge relief property owners by al...

Effective tax on annual income of Rs 15 lakh was reduced to 10% in 2023 and further reduced this year as well under new I-T regime, Sithara...

Investors can set off their long-term and short-term capital loss against long-term capital gains. This minimises the tax liability and onl...

Currently, the holding period to qualify as a long-term asset for units of an equity-linked mutual fund is 12 months, whereas it is 36 mont...

This number is important as it is used to arrive at the inflation-adjusted purchasing price of assets and thereby long-term capital gains.

CII number is used to compute the inflation-adjusted purchase cost of an asset in order to calculate LTCG on it when it is sold.

Long-term capital gains and short-term capital gains are taxed at different rates as per I-T laws. Here's how you can calculate payable tax...

The 2018-19 Budget had after a gap of 14 years reintroduced 10 per cent tax on long-term capital gains(LTCG) exceeding Rs 1 lakh from sale ...