Tax on gifts, HRA claims for rent to parents, and cash transaction limits, here are some of the less-known income tax rules ...

The Central Board of Direct Taxes (CBDT) has increased the cost inflation index (CII) used for calculating inflation-adjusted ...

A MoneySense reader wants input on the tax implications of her investment withdrawals, but she can’t get a straight answer ...

The Cost Inflation Index (CII) is a number issued every year by the Central Board of Direct Taxes (CBDT). It helps taxpayers ...

Outdated tax rules hit homeowners hard: soaring prices mean many now face big capital gains taxes. A new bipartisan bill aims ...

The rationale is that long-term capital gains on assets such as land and buildings should apply only to real profits, excluding gains purely due to inflation.

Income tax in Belgium is, however, high with rates of up to 50%. Finance Minister Jan Jambon said in a statement on Monday ...

Knowing your way around the tax system means you can take advantages of ways to keep more of your income tax-free ...

Crypto taxes are a percentage of your gains. The rate depends on your income and whether or not you held the crypto for more than a year. Short-term capital gains rates range from 10% to 37%.

A net gain of $590k on a home sale will put at least some of the money up to potentially be taxed, regardless of your ...

One of the fundamental premises of fair taxation under capitalism is the notion that taxes are assessed on profits when an ...