When selling your main home, there's a tax break that shields up to $250,000 of profits for single filers and $500,000 for ...
The Missouri House gave initial approval this week to a plan to eliminate the state’s capital gains tax. Capital gains are ...
Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...
He may Gift the property to his daughter. Another way would be to transfer the property through Registered Sale Deed, BUT in ...
Income tax bill 2025: For property bought prior to July ... Let us understand how capital gains work in the case of sale of property. Where the property is held for more than 24 months prior ...
Last year’s Budget changes mean it’s more important than ever to get on top of Capital Gains Tax (CGT), so you can manage your assets ...
Our panel of experts answers questions related to any aspect of personal finance. If you have a query, mail it to us right ...
The two discrete periods seem to be left over from the 2024 federal budget announcement that proposed an increase to the capital gains inclusion rate for gains realized on or after June 25, 2024, of ...
The new Income Tax bill will replace the existing Income Tax Act, 1961. The new bill is being brought to consolidate and ...
Democrats worry about impact on state services while Republicans promote the tax exemption as a boost to economic growth.
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