NRIs to pay lower LTCG tax on these equity shares due to proposed forex fluctuation benefit in New Income Tax Bill 2025 ...

Avinash Polepally, Business Head at ClearTax, has provided an authoritative explanation of the reasoning behind the extension ...

Updated table of LTCG and STCG capital gains tax rate for equities including income from foreign currency bonds released by Income Tax Department ...

The Income Tax Department has rolled out updated Excel utilities for ITR-1 and ITR-4 for AY2025–26. These forms now support ...

Explore how to set off options trading loss against LTCG, claim tax deductions on two home loans including let-out property, ...

For example, individuals with income between Rs 50 lakh and Rs 1 crore would pay LTCG at 14.3%, while an LLP would pay only 13%.”Sonam Chandwani, Managing Partner at KS Legal & Associates told ...

Filing your ITR doesn’t end your tax journey—receiving a notice from the Income Tax Department is more common than you think. This comprehensive explainer breaks down why notices are issued, how to re ...

With sweeping changes introduced by Budget 2024, Indian taxpayers filing ITR for FY2024-25 have until 15 September to submit ...

The company elected Bruce Parker as chair and Bruce Baude as vice-chair, with Matthew Berman, Peter Maynard and Christopher ...

Unlike the earlier regime under the Income Tax Act, 1961, which required NRIs to compute capital gains entirely in Indian ...

The Income Tax Department has recently updated the capital gains taxation table and this is important information since the rate of capital gains tax both long term (LTCG) and short term (STCG ...

There are several changes in the way capital gains from stocks and equity mutual funds in FY25 are to be reported. Mint's ...