Foreign assets attract tax under Section 112 at 12.5% for long-term gains without the benefit of indexation. Short-term gains are taxed according to the investor’s applicable slab rate.
Filing income tax returns for the first time can be daunting, particularly when dealing with capital gains. It is crucial to accurately report capital gains from activities such as selling shares, red...
CBDT issues revised ITR-7 for AY 2025-26, detailing new capital gains reporting and buyback loss adjustments as per the Finance Act, 2024.
When it comes to life insurance, policyholders can choose from options that offer guaranteed savings, market-linked returns, or pure risk cover. From savings plans and ULIPs to term insurance, each pr...
The Income-tax Act of 1961 outlines set guidelines for offsetting capital gains and losses. This enables taxpayers to deduct losses from gains effectively, ultimately reducing their tax burden.
Taxpayers can now file their returns for FY 2024–25 using the latest ITR forms notified by the Income Tax Department. Forms ITR-1 to ITR-5 are already available, with updated eligibility rules and rep...
The Federal Reserve's careful approach has strengthened gold's attractiveness as a hedge asset. Gold's positive momentum was further boosted by escalating tensions between India and Pakistan, as well ...
The capital gains tax is imposed on the earnings generated from investments like stocks, mutual funds, or real estate. The Income Tax Act of 1961 provides a systematic and detailed process for utilizi...
Under Section 194-IB, individuals or HUFs (not liable for tax audit) are required to deduct 2% TDS only “once” - at the time of paying the rent for March or when vacating the property, whichever is ea...
The I-T department has notified new ITR forms for FY 2024-25, detailing eligibility and exclusions for each form. These tax filing forms cater to different taxpayer categories, with updates including ...
Mark Mobius: Why You Should Always Keep At Least 10% Of Your Portfolio In Gold
Is Global Economy Stabilising? Is U.S. Recession Risk Over? Mark Mobius Breaks It Down
Mark Mobius on India’s Opportunity Amidst US-China Trade Pact
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Mark Mobius: U.S.-India Trade Deal Is 'Very Significant' for Investor Confidence
