Our capital gains effective tax rate shrinks as the gains grow in size and duration, inviting the tax dodge that’s driving ...

Recent income tax updates in India introduce revised capital gains tax rates on securities for residents, non-residents, and ...

You determine your potentially taxable capital gains by deducting your tax basis from your home sales proceeds.

If you own mutual funds, year-end payouts can trigger a surprise tax bill, even when you haven't sold the underlying ...

Filing income tax returns for the first time can be daunting, particularly when dealing with capital gains. It is crucial to ...

The House tax plan cuts charitable giving tax incentives for donors to most nonprofit groups while roughly tripling the ...

Tax receipts for the 2024/25 tax year have just been announced, confirming the overall tax receipts in the UK, as a percentage of GDP, are the highest since the end of the Second World War.

Your ITR filing exercise can commence after accessing Form-16 and updated AIS, but ensure that you start the preparations by ...

As one state becomes a test case, policymakers and taxpayers across the U.S. will be watching closely to see what happens ...

Read Also ITR Filing Deadline: Here's All You Need To Know About Filing Your Income Tax Return This Year Earlier, ITR 1 did not have a provision to report capital gains tax. This year, taxpayers ...

For American expats, owning rental property abroad is a smart way to diversify and earn extra income. However, if you’re a US ...

Assuming the IMF projection is reflected in the upcoming budget, the tax revenue target may hover around Rs 14.5 trillion—an ...