Indexation allowed investors to factor in the impact of inflation on their investment over the year…

The indexation benefit allowed taxpayers to compute gains arising out of the sale of capital assets…

The Budget has reduced tax rates on capital gains earned from sale of house properties held for lon…

There has been a marginal increase in the basic tax exemption limit for LTCG. Previously, LTCG of u…

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

Note that unless you specifically opt for the old regime, the new tax regime is considered as your …

The Budget 2024-25 had proposed to lower the LTCG from 20% to 12.5% but removed the indexation bene…

​More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…

Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…

The budget has changed the definition of a specified mutual funds. From now on, any fund which inve…

All listed securities will be considered long-term capital assets (and hence, LTCG will be levied) …

The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…

With the change in taxation, distributors and advisors are rushing to lock in large amounts of inve…

Finance minister Nirmala Sitharaman announced several updates as far as personal finance is concern…

Meanwhile, on concerns regarding an ambitious divestment target of Rs 2.10 lakh crore, Economic Af…

Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…

Incomes of all kinds are taxable. While a few financially sound people understand the tax calculati…

Section 24B allows you, as an individual, to make certain deductions from the net annua…

With the start of the new financial year, there are several changes in regards to taxation, deducti…

India plans to tax cryptocurrency transactions at a rate of 30%. This is at par with the highest in…