The government has argued that despite the removal of indexation, the overall tax burden on property sales would decrease due to the lowered LTCG tax
When a capital asset is sold or transferred at a profit, it is termed as capital gain or capital profit
Dynamic Asset Allocation Fund is a type of hybrid mutual fund that invests in both equity and debt instruments. In DAAF, the fund house has the freedo
Investments in these schemes are eligible for a deduction of up to Rs 1.5 lakh under Section 80C of Income-Tax Act
It’s advisable for borrowers to make lump-sum payments at least once a year, especially when you receive significant amounts like annual bonuses
When selling capital assets like houses or land, if there is a profit, known as capital gain, then taxes are levied on that profit
Looking to invest in the golden metal? The government’s sovereign gold bond (SGB) scheme, which goes live next week, is just what you’re looking f
Banking stocks, which were previously on the radar of domestic investors, have now become a preferred sector for foreign investors as well
The capital gain is taxed in two ways on the profits made from selling the house. If the house is sold after keeping it for two years or more, then it
ITAT held that long-term capital loss (LTCL) from one asset class may be set off against gains from another asset class.