As a taxpayer with both long-term and short-term capital losses in FY 2025–26, you can optimise your tax liability by setting them off against eligible capital gains as per the Income Tax Act, 1961.

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 ...

Knowing your net worth is important for financial planning, but for business owners, the math can get a little tricky.

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 ...

Employee Stock Option Plans (ESOPs) lead to tax at two points and misreporting may lead to mismatches, notices or interest. On exercising the options, the amount that you pay above the exercise price ...

Understand the income tax implications of Diwali gifts from vendors (electronics, vouchers), whether GST is included in stamp ...

Q. I am selling a plot of land. How will the capital gains be taxed? How can I save capital gains tax? The profit on sale of a plot of land is treated as long term capital gains if the plot of land ...

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 ...