ITAT Mumbai held that section 70 of the Income Tax Act allows first setting off the short term capital loss against the non STT gains taxable at thirty percent, and then applying the balance against ...

FIFO indicates first in first out which means the mutual fund units bought first are sold first. Based on this phenomenon, ...

The capital gains tax is what you’ll owe the government for your profit on the sale of an asset such as a home or stocks. Here's what you need to know about the capital gains tax, including the rates ...

When advisors make changes to a client's portfolio, they can inadvertently trigger a tax event and it’s a common occurrence according to Erik Preus, group head of investment solutions at Envestnet.

Wealthfront beats out Fidelity, Schwab and Vanguard when it comes to direct indexing and tax loss harvesting. You make money in the market but tell the IRS you’re losing money. Yes, this works—for a ...