Unit Linked Insurance Plans (ULIPs) with annual premiums exceeding Rs 2.5 lakh will be subject to a long-term capital gains ...

Capital gains and losses are taxed differently from income like wages, interest, rents, or royalties, which are taxed at your federal income tax rate (up to 37% for the 2024-2025 tax filing season).

The Budget 2024 eliminated the indexation benefit for LTCG calculations on assets such as property, gold, and unlisted assets ...

The reinstatement of indexation in India’s tax system aims to ensure fair taxation and restore market confidence. It protects ...

There is a growing expectation that in the upcoming budget, Finance Minister Nirmala Sitharaman will announce measures to ...

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...

MUMBAI: High ticket Ulips (unit-linked insurance plans) held for over one year will now attract capital gains tax at 12.5% ...

Czech Republic exempts Bitcoin from tax for holdings over three years, aligning with MiCA framework to modernize tax ...

The Israel Tax Authority (ITA) recently published an addendum to the 1987 circular  with the goal of minimizing disputes with sellers of ...

Budget 2025 Live Updates: The revision of the Capital Gains Tax regime was a key feature of Budget 2024, impacting investors across various asset classes. Finance Minister Nirmala Sitharaman ...

This Article covers the aspect of taxation regime for cryptocurrency in the light of the widespread use and tensions arising because of lack of regulations for the same. Recently, cryptocurrencies ...