or 20% (with indexation), plus surcharge and cess There are no changes to the taxation of long-term capital gains (LTCG) derived from residential property in the new Income Tax Bill 2025.

No tax up to 12 lakh is for those who opt for New Tax Regime. For Old Tax Regime and Income above Rs 12 lakh, the tax slabs ...

When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment ...

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

The Missouri House gave initial approval this week to a plan to eliminate the state’s capital gains tax. Capital gains ... making loans on “unimproved property,” so I had to borrow the ...

Converting your home to a rental could increase your taxes when you eventually sell the property. Here’s what to know.

Our panel of experts answers questions related to any aspect of personal finance. If you have a query, mail it to us right ...

Now that 2024 has come to a close, investors are starting to think about 2025’s investments. However, to get a clear picture of how your investment strategy might play out, you need to know the ...

The future of federal taxes and the IRS is unclear for many reasons under the second administration of President Donald Trump ...

New York can be expensive place to retire, but it has many advantages, including lively and walkable cities, some top-flight ...