Daily Latest News
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…
Last Updated:July 20, 2025, 16:27 is The ITAT Mumbai ruled Kavita Manoj Damani can claim capital gain tax exemption under Section 54 of the Income Tax Act, 1961, after purchasing a new flat from her husband. Section 54 of the Income Tax Act offers exemption from long-term capital gains tax if the profit from selling…
Government’s Big Relief For Homeowners: The central government is going to provide relief to homeowners who are frustrated with the removal of indexation benefit on real estate. In the Union Budget 2024, Finance Minister Nirmala Sitharaman made several important announcements related to tax. One of the important changes was also regarding real estate transactions. These…
Reported By: Pallavi Ghosh Last Updated: August 06, 2024, 23:37 IST The union budget announced the withdrawal of indexation benefits from real estate and lowered the long-term capital gains from 20 per cent to 12.5 per cent. (Representational image) A copy of the amendment to be moved by finance minister Nirmala Sitharaman is available with…