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RECENT pronouncements by Finance Secretary Ralph Recto withdrawing the proposal to increase capital gains, donor, and estate taxes were welcomed by real estate and housing stakeholders. Earlier, ...
Lawmakers in Washington state have passed legislation that would increase taxes on capital gains, create a surcharge on income for large businesses, and impose other measures to boost revenue in ...
This year onwards, the tax department has included a provision to file details of long-term capital gains within the ITR-1 and ITR-4 formats. Earlier, taxpayers filing ITR-1 had to file the details of ...
Taxing unrealised gains ... tax bills, resulting in a rolling 12-month investment cycle rather than building long-term portfolios,” Green said. “This would hurt not only individuals but also start-ups ...
Long-Term Capital Gains (LTCG) “The applicable tax rate depends on whether the gain is short-term or long-term,” Bhagat said. Funds where at least 65 per cent of assets are invested in equities.
The Australian Economics Correspondent Matthew Cranston discusses Labor’s unrealised capital gains tax. “I am still aghast at it … people will say oh no we had that debate a few years ago ...
Taxpayers with long-term capital gains (LTCG) under Section 112A can now file ITR-1, provided the gains are within the threshold limit. Earlier, such taxpayers had to use ITR-2. The change aims to ...
The Albanese government's proposed legislation would tax unrealised capital gains on assets in super funds. Picture: Mark Stewart/NewsWire He recalled a discussion with an investor who expressed ...
The proposed measure increasing taxes on capital gains, donor’s, and estate to 10% from 6% has been withdrawn as the Department of Finance (DOF) determined that there would be "no need" for additional ...
Also read | Can I switch to the old income tax regime while filing ITR? There is a major change in the ITR forms this year. Earlier, ITR 1 did not have a provision to report capital gain tax, which ...
“Taxing the transfer of assets more heavily discourages growth-enhancing reallocations.” Salceda previously warned that higher capital gains taxes could hit middle-class Filipinos the hardest, ...
However, their tax treatment also varies significantly because of the several changes made in past financial years. This can affect your overall returns. While physical or digital gold can attract ...