They will yet again have to make sense of a head-spinning array of new proposals, amendments and political fights before ...

In both tax systems, Section 112A provides a tax exemption for Long Term Capital Gains (LTCG) of up to Rs 1.25 lakh on ...

Tax on rental income refers to income tax, which is payable on the money you receive from tenants. The rates, thresholds and ...

That’s because most of its key personal income tax provisions — and a few business ones — are set to expire on December 31. While much has changed in the past several years, one thing hasn ...

The push towards a greener future and comparatively lower cost of running and maintenance has led to a surge in the usage of ...

One of the key expectations for Budget 2025 is a revision of the basic exemption limit under the Concessional Tax Regime (CTR), potentially increasing it from the current ₹3 lakh to ₹5 lakh, according ...

Panaji: Discrepancies in stamp duty valuation and double taxation on property transactions are creating hardships for buyers ...

thereby allowing the central government to collect sales tax on a wide range of goods and services. Key objectives of the Act: Serving as the competent authority to settle interstate trade disputes.

Tax breaks were a big issue on the campaign trail, and Congress will be focusing on ways to cut taxes and prevent tax ...

Americans making $50,000 could see their tax bills grow by over $1,000 if Congress doesn't intervene.

For instance, if assets are gifted to a spouse, any income generated from those assets will be clubbed with the income of the ...