Wondering what the differences between short-term and long-term capital gains taxes are? Check this guide to learn the ...

The taxation of mutual funds depends on the type of mutual fund (equity and debt) and the duration of the investment. In ...

Sections 54F of the Act allow one to claim exemption from tax on long-term capital gains if the sale proceeds are used for the purchase /construction of a new residential house within the prescribed ...

The Cabinet on Tuesday approved a tax reform plan that allows the cancellation of the financial investment gains tax, and ...

If I die and she sells the properties, would she have to pay a lot of capital-gains taxes, especially on the houses we don’t ...

Capital gains tax is a levy imposed by the IRS on the profits made from selling an investment or asset, including real estate. Primary residences have different capital gains guidelines than ...

For properties (land or buildings) acquired before July 23, 2024, resident individuals or HUFs can opt for the more beneficial tax regime—either the new 12.5% rate without indexation or the earlier ...

The U.K. tax authority found that Rupert Grint (the actor who played Ron Weasley in the Harry Potter films) had misclassified ordinary income as capital gains to achieve a lower tax rate. Here's the ...

The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), approved a special distribution in December as follows: Special Distribution: ...

increased audit power and tax-bill surprises courtesy of guaranteed investment certificates, and it was a dramatic year in ...