The delay also allows time for a broader statewide review of Illinois' property tax system, set to begin in 2025. Illinois ...

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

The latest plan will have the greatest impact on school districts in 2028, with an estimated reduction of more than $183 ...

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

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

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

These powerful strategies, from timing your sales during low-income years to leveraging qualified opportunity zones, can ...

The indexation benefit on real estate deals was eliminated, and the long-term capital gains tax rate was decreased from 20% to 12.5%. This decision has sparked frustration among property owners ...

Finance Minister Nirmala Sitharaman proposed alterations to the capital gains tax structure, elevating the short-term capital gains tax rate from 15% to 20% and establishing the long-term capital ...

In a post on X, he said in last year's Budget, the Centre introduced the indexation requirement in the capital gains from real estate. "After criticism from all quarters, they gave taxpayers the ...

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 ...