capital gains

How to turn stock market losses into tax savings

Stock market losses are never pleasant—whether through direct equities or mutual funds—but they offer a rare silver lining: the potential…

1 month ago

Tax implications of property gift and sale explained for family members

My mother-in-law owns the residential property where we all reside. My husband passed away last year, leaving behind a daughter…

2 months ago

Do NRIs have less advantage than residents on indexation benefits

Is it true that non-resident Indians (NRIs) can no longer avail of the indexation benefit, while residents still can?—Name withheld…

2 months ago

FMV, circle rates and capital gains: A guide for property sellers

The list of valuers registered with the Income Tax Department for valuation of immovable property is generally uploaded by the…

2 months ago

Can I pay municipal taxes on behalf of my NRI son?

My son resides in the US, whereas I stay in Pune. My son owns two house properties in Pune. Can…

3 months ago

Finance Bill cleared in Lok Sabha with capital gains tax relief on property sales

The Lok Sabha on Wednesday cleared the tax proposals presented in the union budget for FY25 along with amendments proposed…

3 months ago

Investment strategy for long-term goals: Balancing education, retirement and charity

I wish to diversify my investment portfolio to align with my long-term financial goals. At 40, I have a monthly…

4 months ago

Budget 2024: BJP backstabbed middle class; country trapped in lotus ’Chakravyuh’, says Rahul Gandhi in Lok Sabha

Rahul Gandhi, the leader of the Opposition in the Lok Sabha, said on July 29, that the Prime Minister Narendra…

4 months ago

Confused whether capital gains tax on your asset sale will be short term or long term? Here is a complete guide

If you have recently sold an asset and are unsure whether the sale will be computed as per the short-term…

4 months ago

Budget 2024: How will capital gains tax tweaks impact taxpayers? Beneficial, says I-T department. Here’s the math

In the Union Budget 2024, presented by Finance Minister Nirmala Sitharaman on July 23, the tax rates for long-term capital…

4 months ago

10 things individual taxpayers should know

To provide relief to the middle class, FM has rationalized slab rates under the new tax regime and allowed additional…

4 months ago

Capital gains: How zombie town Amaravati could rise again with TDP in Andhra

In May, when this writer visited the proposed city area, there were no lush green manicured lawns or well-laid-out trees…

5 months ago

How are different fund of funds taxed?

A Fund of Funds (FoFs) is a mutual fund that invests in other mutual funds or ETFs instead of directly…

5 months ago

Can an Australian NRI get exemption on capital gains?

I live in Australia with my family. Somewhere in mid-2020, I had invested in some liquid mutual funds, which I…

5 months ago

Furniture and fixtures can save you capital-gains tax and stamp duty. But only if you do it right.

For the buyer, this meant stamp duty savings on the ₹16 lakh portion. It seemed like a win-win until the…

6 months ago