After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.

The new Income Tax bill will replace the existing Income Tax Act, 1961. The new bill is being brought to consolidate and ...

The damaging impact of Rachel Reeves as Chancellor continues to be revealed in every nook and cranny of the economy.

How is Cost Inflation Index used in Income Tax? Long term capital assets are recorded at cost price in books. Despite increasing inflation, they exist at the cost price and cannot be revalued. When ...

Belgium's residential property prices are increasing modestly, amidst recovering demand but limited supply due to the continued decline in residential construction activity. In Q3 2024, the nationwide ...

In this article, we explain five of the most effective methods. Capital gains tax can significantly impact the profits from selling a rental property. Make sure you sell your rental property after at ...

When you sell a primary residence, the IRS allows you to exclude from your capital gains ... tax break in the process. The sale price is whatever amount you received for selling the property ...

Amitabh Bachchan, Akshay Kumar, Sonakshi Sinha, and Subhash Ghai sold their Mumbai flats for a combined value of ₹122 crore ...

That includes inheritances of cash, property, etc ... Also, if you meet certain criteria, you can avoid capital gains taxes on the first $250,000 (single filers) of your profits on the sale ...