The Income-tax Act, 2025 reorganises the capital gains taxation framework while retaining the core principles of the earlier law. It clarifies definitions, holding periods, and tax treatment of gains ...
Capital gains taxes are levied on profits from the sale of assets like stocks mutual funds and real estates. What you need to ...
A Senate committee report into the capital gains tax was authored by the Greens but littered with clues about Labor's plans.
Tracking your portfolio growth, is important but knowing when your gains become taxable is just as critical. There is a key ...
Property sellers can now fix TDS credit mistakes. If a buyer incorrectly deposited TDS, sellers can file Form 71 within two years. This form helps align TDS credit with the correct assessment year.
A stack of bills under consideration by lawmakers would increase taxes or impose new levies on cars, liquor, real estate, capital gains and more.
Home improvements can make your home more comfortable, raise its value and lower energy costs over time. Some projects may also qualify for tax credits or deductions. These tax breaks can reduce what ...
The guide explains how property taxes, rental income, and capital gains apply at different stages of ownership. It highlights key deductions and planning strategies to reduce tax ...
In Kenya, house owners may be required to pay Capital Gains Tax (CGT) when selling a secondary home, with the tax currently set at 15 per cent of the profit by the Kenya Revenue Authority (KRA).
Homeowners who haven't filed taxes yet have a little more than a month—and it's time to take inventory of what you can claim.
The IRS hasn't gone away — so don’t destroy tax documents until the time limit for an audit runs out, or maybe even longer.