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 are ...
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 ...
Income tax laws now allow two self-occupied properties, making a second home a tax-saving and capital appreciation ...
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 ...
Agricultural land located in a rural area is not classified as a capital asset under Indian tax law. Consequently, any gains from the sale of such land by your parents are not subject to capital ...
Converting your home to a rental could increase your taxes when you eventually sell the property. Here’s what to know.
The New Income Tax Bill 2025, which aims to replace the Income Tax Act 1961, seeks to simplify and simplify tax rules. We ...
Our panel of experts answers questions related to any aspect of personal finance. If you have a query, mail it to us right ...
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 ...