For example, surviving spouses, parents, children, and grandchildren are often exempt from paying inheritance taxes, while ...

Get a clear explanation of capital gains tax on inherited homes, including the role of basis, step-up, and exclusions.

The Trump administration's proposals, including the potential repeal of the federal estate tax, have implications for capital ...

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

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 ...

Capital gains tax does not apply to real estate that qualifies as your principal residence for all years you owned it. Capital gains are often considered a form of “passive income.” ...

Some common examples of direct taxes include income tax, corporate tax, capital gains tax, and inheritance tax (though India doesn’t currently levy inheritance tax). These taxes are based on ...

Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase ... mutual funds and real estate. Read “What are capital gains?” ...