Capital gains arise when the selling price of an asset exceeds its acquisition cost after adjusting for transfer expenses.

Ahead of Budget 2026, investors and tax experts are seeking capital gains reforms, including a cut in LTCG rates to 10 ...

The High Court ruled that tax authorities cannot ignore a binding ITAT Special Bench decision under Section 264 merely ...

After death, a legal heir must file the deceased’s final ITR. A foreign citizen can obtain a PAN (Aadhaar not required) to ...

Equity investors in India have until March 31, 2026, to use tax-gain and tax-loss harvesting strategies to optimize their ...

This provision allows taxpayers to lower or even eliminate the LTCG tax by reinvesting sale proceeds into a residential ...

Section 54F, a lesser known provision of the Income Tax Act, allows taxpayers to save tax on long-term capital gains (LTCG) ...

Selling assets like gold or stocks in India can attract substantial taxes, but Section 54F of the Income Tax Act, 1961 offers ...

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...

ICICI Bank launched the Capital Gains Account Scheme (CGAS) on January 1st, 2026, which enables customers to deposit uninvested long-term capital gains or sale proceeds from the sale of specific ...

A new federal tax bill could provide New Jersey residents with an average of $3,700 in tax savings in 2026. The bill raises the cap on state and local property tax (SALT) deductions from $10,000 to ...

(NEXSTAR) – Thanks to a number of changes to the tax code under the One Big Beautiful Bill, Trump administration officials are projecting Americans will enjoy the largest tax refund ever in 2026. Ways ...