Representative Marjorie Taylor Greene (R-GA) has introduced a new bill aiming to eliminate federal capital gains taxes on the sale of primary residences, framing the move as a defense of the American ...

It aims to attract long-term foreign capital into the rising demand for India's infrastructure and essential sectors ...

If you’ve sold property and want to save on capital gains tax, 54EC bonds may help if you’re okay with low returns, capital protection, and a lock-in period.

A reader has pointed out an error in the Capital Gains Ready Reckoner regarding the indexation of listed and unlisted ...

Billionaires spend millions on tax teams to minimize their tax burden, but you don’t need their resources to benefit from the same strategies. After becoming a multimillionaire by age 26 and coaching ...

Montana sellers face some of the highest capital gains exposure in the country. Decades of appreciation are now leading to ...

Announcing the update via social media platform X, the department posted, “Attention Taxpayers! Excel Utilities of ITR-2 and ...

Minnesota homeowners are getting hit with surprise taxes on home sale profits. Equity gains in cities like Minneapolis and ...

The Income Tax Department has released ITR-2 and ITR-3 Excel utilities for FY 2024-25, enabling taxpayers with capital gains ...

My husband is inheriting a house from elderly friends, in his name only. It's worth $1 million or more. We do not live in a community-property state. We have one son who is now a young adult. We will ...

The income tax returns (ITR) forms for AY 2025-26 require mandatory disclosure of the exact date of transfer for each asset for capital gains. The revised ITR forms include specific schedules for ...

Misreporting/ inaccurate reporting of capital gains could attract interest and penal implications. Also, one should verify ...