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

First, the lack of indexation on the $3 ... the younger generation into this new tax threshold over time. Second, by taxing unrealised gains, removing capital gains tax, and imposing a 30 per ...

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

The new year is already heralding significant tax innovations in Israel in general, and in real estate taxation in particular. Following ...

When you sell them, you have capital gains ... tax on a profit of Rs 1.25 lakh. This limit was increased from Rs 1 lakh in the previous budget. In the July 2023 budget, the tax on other assets was ...

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 ...

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 ...