The new Income Tax bill will replace the existing Income Tax Act, 1961. The new bill is being brought to consolidate and ...

The budget has now clarified that Ulips with annual premiums over ₹2.5 lakh will be taxable as capital assets and the redemption proceeds will be treated as capital gains and taxed under Section 112A.

With India’s real estate market projected to contribute 13% to the GDP by 2030, these tax reforms are poised to have significant consequences for both individual property owners and institutional ...

Construction industry urges government to exempt taxes on unsold homes in Korea Construction sector calls for tax relief to ...

The highlight of Finance Minister Nirmala Sitharaman’s budget presentation was giving Income tax relief for the middle class.

Wrapping up a week that signaled a bullish second Trump administration for US-led cryptocurrency development, Eric Trump ...

The two discrete periods seem to be left over from the 2024 federal budget announcement that proposed an increase to the capital gains inclusion rate for gains realized on or after June 25, 2024, of ...

The sale of a commercial property allows for long-term capital gains tax exemption under Section 54F if a residential house is purchased within the prescribed period ...

In recent times, tax changes have given rise to increased consideration of insurance bonds with regard to open-ended ...

The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year and plans to introduce new exemptions to ensure most middle-class Canadians do ...

The federal government has deferred its planned increase to the capital gains inclusion rate, pushing the implementation date ...