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 ...

The new Income-tax Act, 2025 replaces the 1961 law and introduces structural changes such as a single “Tax Year.” Key updates include revised return deadlines, higher STT, and new rules for buybacks ...

The investments in gold products of this category are treated as capital asset under the income tax laws so any gains ...

Lawmakers in both the Senate and the Assembly proposed personal income tax increases on New Yorkers earning more than $5 ...

Andru Volinsky proposed a small income tax to offset the state's high property taxes ...

In a post on X social media platform, the tax department said it has received reports from taxpayers about inaccurate information included in the communications and acknowledged the error.

West Virginia lawmakers completed action on legislation to cut personal income taxes by 5 percent, although they amended out ...

With the deadline for the final advance tax instalment on March 15 approaching, taxpayers are rushing to clear their dues before the end of the financial year. Since the due date falls on a Sunday, ...

Explore the rules on setting off short-term capital losses from IPOs against gains from futures and options trading.

The IRS mandates a final tax return for the deceased, detailing income up to death.

As the end of the tax year nears, UK households have just days left to sort out their tax situation and avoid a huge, ...

According to Morningstar’s new analysis, when you retire, you can start with one withdrawal rate and adjust for inflation—but ...