Tax bills recently passed in Missouri and neighboring Illinois underscore the contrasting approaches that red and blue states ...

Voters on Election Day approved three amendments banning taxes on capital gains, estates or inheritances, and certain ...

When selling property, you're required to report the sale for capital gains tax purposes. For primary residences, individuals ...

The taxability of capital gains on the sale of farm land depends on whether the land qualifies as rural or urban agricultural land ...

ITAT Mumbai gives full tax exemption to mother-in-law and son-in-law after they sold two Mumbai properties for Rs 4 crore ...

NRIs selling property in India pay capital gains tax locally, but must also check how gains are taxed in their country of residence, like US, UK or Singapore | Real Estate News ...

Sorting tax bills and finding and filling out the right forms can be a challenge for those who rarely have cause to do so ...

Mint explains the intricacies of sections 54 and 54F of the Income Tax Act and how they can help cut your tax bill.

Capital gains taxes are levied on profits from the sale of assets like stocks mutual funds and real estates. What you need to ...

This has created a double whammy for us. We’re unable to make a concessional tax contribution using the five-year ...

Labour proposes a capital gains tax on investment and commercial property, excluding family homes and farms. The tax aims to ...

There is no explicit restriction in the Income Tax Act that prohibits claiming exemptions under both 54 and 54F sections in respect of the same residential house.