In India, all foreign mutual funds, irrespective of whether they invest in global stocks, index ETFs, or theme funds, are considered debt-oriented funds for capital gain taxation. The reason is that ...
NEW DELHI: When capital gains from stocks or equity-oriented mutual funds are the sole income, the income tax calculation differs significantly. If this were the case in 2024-25, there is added ...
The Income Tax Department has made available the excel utilities for ITR-2 and 3 forms. This allows those with taxable capital gains, crypto income, and more to begin filing their income tax returns ...
I’m 62 years old and retired from a bank manager post in August 2023. Here’s my situation: my parents purchased a residential built-up property of 149.10 sq. meters in East Delhi in July 1996 for ...
The Income Tax Department has launched the Excel-based offline filing tools for ITR-2 and ITR-3 for the Assessment Year 2025-26, signaling that return filing for the financial year 2024-25 is now ...
The Income Tax Department has released the Excel utility for ITR Form 6 for AY 2025-26, enabling companies to file returns for FY 2024-25. Several ITR forms have been notified, including ITR-1, 4, and ...