The reinstatement of indexation in India’s tax system aims to ensure fair taxation and restore market confidence. It protects taxpayers from inflated tax burdens, encourages long-term investments, and ...
The new Income Tax bill will replace the existing Income Tax Act, 1961. The new bill is being brought to consolidate and ...
Direct indexed tax loss harvesting is a strategic approach to managing your investments that can provide significant tax ...
After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.
Finance Minister Nirmala Sitharaman proposed alterations to the capital gains tax structure, elevating the short-term capital ...
The Budget 2024 eliminated the indexation benefit for LTCG calculations on assets such as property, gold, and unlisted assets. This change was intended to simplify the tax calculation process for ...
Yet as Congress prepares to extend and expand upon Trump’s landmark Tax Cuts and Jobs Act of 2017, he can take matters into his own hands by issuing an executive order to index capital gains for ...
My investment accounts don’t withhold taxes from my capital gains, which is causing me to owe large amounts when I file my returns. How can I mitigate this situation? As capital gains ...
In Budget 2024, one of the key proposals was the reintroduction of indexation benefits, which had been withdrawn the previous year. The industry is now hopeful for similar tax reforms in Budget 2025, ...
including the reinstatement of indexation benefits on debt mutual funds, and rolling back tax hikes on long-term capital gains (LTCG) and short-term capital gains (STCG). One of the key asks of ...