The sale of a commercial property allows for long-term capital gains tax exemption under Section 54F if a residential house ...
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...
Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.
Wrapping up a week that signaled a bullish second Trump administration for US-led cryptocurrency development, Eric Trump ...
Experts anticipate that Budget 2025 should not announce new taxes, instead, provide tax rebates to boost the consumption ...
The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year.
The budget has now clarified that Ulips with annual premiums over ₹2.5 lakh will be taxable as capital assets and the ...
Scenario 6: Ashish sells the land and reinvests the sale proceeds in bonds Under section 54 EC, taxpayers can get tax exemption on capital gains made from real estate property, including land ...
Long-term gains (from policies held for over a year) will be taxed at 12.5%. Earlier, there was ambiguity about whether such ...
Under this provision, ULIPs with premiums exceeding Rs 2.5 lakh per year will no longer be eligible for tax exemption.
To ensure most middle-class Canadians do not pay more tax once the capital gains inclusion rate is increased, the government will maintain or enhance existing capital gains exemptions while creating a ...