Searched for
INHERITANCE TAX EXEMPTION
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...
How can I transfer or gift 800 grams of gold to my daughters?ET Wealth Reader's Query: I am a 50-year-old widower. My wife passed away a few years ago. I currently have around 800 grams of gold that b...
Do I need to convert my leasehold DDA flat to freehold to sell it?ET Wealth Reader's Query: I have a DDA flat since 2008, which is leasehold. I now want to sell it. Is it mandatory to convert it to freehol...
Is tax-exempt income in India also exempt in the US for NRI?ET Wealth Reader's Query: If an income is tax-exempt in India, is it also exempt in the US for an NRI? For instance, interest on NRE accoun...
Will registration at Rs 100 in Maharashtra: Why homeowners in cooperative societies, senior citizens should not delay estate planningA Will has always been optionally registrable under Section 18 of the Registration Act, 1908, and registration is not mandatory for validit...
Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
Moving to New Zealand? Here’s how the tax system worksNew Zealand's tax system, managed by the Inland Revenue Department, requires income and Goods and Services Tax (GST) payments. Migrants nee...
Wealthy Indians turn to alter ego trusts to manage succession planning and avoid court proceedingsWealthy Indians are adopting alter ego trusts for smoother wealth transfer. These trusts help bypass lengthy court processes and potential ...
I am an OCI cardholder, will I need to pay tax on inherited assets in India?I am a German citizen, and have an OCI card. How will inheritance of assets located in India be taxed for me? Is the inheritance itself tax...
Estate vs. Inheritance Tax explained: Who pays, when it hits, and why it mattersIn 2023, just 9,024 federal estate tax returns generated $44.4 billion in IRS revenue. That shows how powerful estate tax can be. In 2026, ...
10 tax-free incomes in India: EPF, PPF, gratuity, tax-free bonds & moreUnlock tax savings with these 10 income sources exempt from income tax in India. From agricultural earnings and PPF/EPF returns to life ins...
How can I save LTCG tax on my inherited houses and old equity shares?ET Wealth Reader's Query: I own two residential properties in India. One was partly inherited and partly gifted to me two years ago. The se...
Do you need to pay tax on inherited gold jewellery? CAs explain when you mayIn India, inheriting gold jewellery is tax-free, but selling it incurs capital gains tax on the earnings. The tax is determined based on th...
Why an inheritance tax can be an eminently bad ideaEver since inheritance tax was abolished in 1985, it keeps hitting the news from time to time. Many times it is speculated before the prese...
Revenue-starved governments should revisit inheritance tax - OECDExemptions, carve-outs and generous lifetime donations mean inheritance and estate tax is a minor source of revenue in most countries and o...
Should India reintroduce inheritance tax? Here are 4 expert viewsKnown as the estate tax, it is levied on the value of assets passed on to legal heirs through inheritance. Here is what four experts have t...
Inheritance tax on HNIs likely to be reintroducedIn most countries, the gift tax exemptions limits are clubbed with inheritance tax exemption limits and the same would be applicable here.