The Missouri House gave initial approval this week to a plan to eliminate the state’s capital gains tax. Capital gains are ...

For property bought prior to July 23 2024, the tax on LTCG is computed as lower of 12.5% (without indexation) or 20% (with ...

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

JEFFERSON CITY — The Missouri House gave initial approval Tuesday to a plan to erase the state’s capital gains tax, potentially blowing a $334 million hole in the state budget. Under the ...

The two discrete periods seem to be left over from the 2024 federal budget announcement that proposed an increase to the ...

With India’s real estate market projected to contribute 13% to the GDP by 2030, these tax reforms are poised to have ...

Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...

Revenue assumes the first shares you sell in a company are those you bought first: you need to track down details to work out ...

Finance Minister Nirmala Sitharaman on February 13 tabled the new Income Tax Bill in the Lok Sabha. The bill, which is headed ...

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

“After two years, you can then sell your rental property and avoid paying capital gains tax on most, if not all, of the profit from that sale as well." If you plan to continue investing in rental ...