He may Gift the property to his daughter. Another way would be to transfer the property through Registered Sale Deed, BUT in ...

Wondering how long to keep tax documents? Here’s what to know about federal and state guidelines and how to properly dispose ...

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

The Income Tax Act allows taxpayers to use capital losses to offset gains, reducing their tax burden. Even if you can't use the entire loss in a single year, you may carry it forward for future ...

The Income Tax Bill, 2025, introduces changes affecting NRIs and foreign companies, including tax rates on dividends and ...

Selling your home can trigger capital gains taxes, but there are ways to reduce or eliminate your bill, experts say. Here’s ...

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 ...

Calculating capital gains on rental property, determining the best ways to lower these liabilities, and then executing these strategies can be complex. For the best results, it’s wise to seek the help ...

T4 (remuneration paid), T4A (pension and other income), or T5 (investment income), there are some important updates you need to be aware of.