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

This comes in the backdrop of Finance Minister Nirmala Sitharaman raising the tax-rebate threshold from ₹7 lakh to ₹12 lakh ...

Learn how capital gains are taxed and how to avoid paying more taxes than necessary when selling your assets. Investors can sigh relief for the 2024 tax year. Despite the capital gains inclusion ...

In other asset classes, this period is 24 months. Please note that additional components like surcharge and cess also apply while calculating the effective capital gains tax in both categories. The ...

If you make a gain after selling a property, you'll pay 18% capital gains tax (CGT) as a basic-rate taxpayer, or 24% if you pay a higher rate of tax. For other assets, such as shares, the rate depends ...

Proposed changes to the capital gains tax were announced by the federal government ... and fairness in the treatment of all taxpayers," explained the official. The CRA generally continues to ...

Tax expert Tom Minnikin highlighted the top five tax mistakes Gen Z are most likely to make, with a range of consequences.

In case your salary has short-term capital gains, you shall have to pay tax on that part of the income at special prescribed ...

Budget 2025 Explained: FM Nirmala Sitharaman proposes ... other movable and immovable properties will be subject to capital gains tax at appropriate rates. Also Read: Budget 2025: New tax regime ...

Sujit Bangar, founder, Taxbuddy.com, explained ... taxpayers can get tax exemption on capital gains made from real estate property, including land, by reinvesting the gains in specific government ...