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Last Updated:March 26, 2026, 3:19 PM IST As the financial year draws to a close, investors are once again looking for ways to optimise their tax outgo before the March 31 deadline Tax Saving As the financial year draws to a close, investors are once again looking for ways to optimise their tax outgo before…
As the financial year-end approaches, many investors are looking for legal ways to lower their tax burden while staying invested for the long term. One effective strategy that often goes unnoticed by retail investors is tax harvesting — a method of booking profits or losses in investments and reinvesting them to reduce capital gains tax….
Last Updated:November 09, 2025, 4:43 PM IST Mumbai ITAT rules compensation for flat delivery delays is not taxable under Section 50C. Experts say this offers relief to taxpayers facing project delays. Section 50C Can’t Apply Without Actual Property Transfer, Rules Mumbai ITAT In a significant ruling, the Mumbai bench of the Income Tax Appellate Tribunal…
Last Updated:October 17, 2025, 06:30 IST Gold prices hit record highs in 2025 amid geopolitical uncertainty and inflation. New tax rules remove indexation, with SGBs tax-exempt if held to maturity. News18 Gold At Record High: The yellow metal has been hitting fresh record highs over the past few months. According to experts, several factors have…
Last Updated:September 06, 2025, 12:01 is Sovereign Gold Bonds: The redemption has been permitted today, September 6, 2025, and the price has been fixed at Rs 10,610 per unit, a 108% gain over the issue price of Rs 5,117. The Sovereign Gold Bonds (SGBs) under the 2020-21 Series VI were issued by the RBI on…
New Delhi: When you receive a house or land from your parents through gift or inheritance, you don’t have to pay any tax at the time of receiving it. However, if you decide to sell that property later, you may need to pay capital gains tax. Gifted Property: How Tax Works If you receive property…
Last Updated:August 31, 2025, 07:00 is A Mumbai couple’s savvy property-selling strategy went viral, reportedly helping them save over Rs 4 crore in capital gains taxes. Mumbai woman legally saves huge taxes after selling a house worth nearly Rs 6 crore. (Representative Image) A Mumbai couple’s clever tax planning, which helped them legally save a…
In Indian households, gold holds a place far beyond its shine. It’s not only a precious metal but also a symbol of tradition, prosperity, and financial security. For generations, families have passed it down as heirlooms—especially during weddings, festivals, and milestones. Along with its emotional value, gold offers financial assurance. But when the time comes…
Last Updated:August 27, 2025, 19:19 is Economists Emmanuel Saez and Gabriel Zucman found Forbes 400 billionaires like Elon Musk pay lower tax rates than average US workers. A file photo of Elon Musk (AP) A new research by University of California, Berkeley economists Emmanuel Saez and Gabriel Zucman found that the wealthiest Americans are paying…
New Delhi: If you just sold property and want to avoid the 12.5 percent long-term capital gains tax, Section 54EC bonds might look tempting. These government-backed bonds, available from REC, NHAI, PFC, and IRFC, let you invest up to Rs 50 lakh within six months of the sale and get a full exemption on your…