Do you have income tax ... is not much, just pay of the demand & go ahead. Anonymous: I have sold an ancestral property below the circle rate, now when I checked with my CA he said the Capital ...

The Income Tax ... how much loss remains available for future set-offs and ensure it stays within the allowable time frame. However, not all losses can be set-off against capital gains.

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 ...

Bipartisan legislation that would update the tax code “to incentivize homeowners to sell their properties, increasing the ...

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.

Before we dive into the tax part, let’s go through how to calculate capital gains on the sale of a property. Essentially, this calculation figures out how much the property’s value grew from ...

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 ...

Selling high-performing stocks or a cottage property can reap significant ... To know how much you’ll owe in capital gains tax, you must figure out your total income for the year, your federal ...

Work out how much taxable income you've earned from your salary ... you can potentially reduce the CGT bill when you eventually sell it. See our guide capital gains tax on property. 6. Sell shares ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

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 ...

Assuming you have held the property for longer than one year, the 50 per cent capital gains tax discount ... $500,000 at the end of last tax year, there is a much larger opportunity.