NRIs selling property in India pay capital gains tax locally, but must also check how gains are taxed in their country of residence, like US, UK or Singapore | Real Estate News ...
A tax tribunal's unusual decision has surprised many. It supported the tax department's move to charge 22% tax on capital ...
Mint explains the intricacies of sections 54 and 54F of the Income Tax Act and how they can help cut your tax bill.
There is no explicit restriction in the Income Tax Act that prohibits claiming exemptions under both 54 and 54F sections in respect of the same residential house.
By maintaining reasonable records, choosing Indian exchanges, avoiding overtrading, wisely timing disposals, and accurately ...
Groww co-founder and CEO Lalit Keshre says the company won’t trade long-term focus for short-term gains. Groww’s philosophy, ...
Legally bringing down Crypto Tax in India is simply a matter of knowing the rules, staying compliant, and having a clever ...
The RBI has announced the premature redemption details for the SGB 2019-20 Series-VI (issued October 30, 2019), allowing ...
Suzlon Energy advanced 2.38% to Rs 60.65 after the company's consolidated net profit surged 539.08% to Rs 1,279.44 crore in Q2 FY26 as against Rs 200.20 crore posted in Q2 FY25.
NRIs are taxed on capital gains from Indian equities depending on the type of investment and holding period. Short-Term vs ...
ITAT ruled that the sale of a commercial property after six years due to prolonged vacancy and financial pressure is a capital transaction, not an adventure in trade. The income must be assessed as ...
ITAT Mumbai dismissed Revenue's appeal, confirming that Rs.14.11 crore surplus from perpetual sale of film rights, copyrights, and intellectual property to a third party should be taxed as Long Term ...