If you inherited listed shares bought by a parent in the 1980s and sell them in 2026, grandfathering provisions can still determine your tax cost, even if the inheritance occurred after the…
Selling old gold jewellery triggers capital gains tax, and using the proceeds to buy new jewellery does not automatically make the gain tax-free. The income tax department treats jewellery as a capital…
Stock market investors and traders are taxed differently based on the nature of their activity, with distinct ITR forms required for each category. For investors, listed equity shares held for 12 months…
If you sold agricultural land, whether you must pay capital gains tax depends on the land's location. Rural agricultural land is exempt from capital gains tax as it is not considered a…
The Nifty 50 has fallen 2% since last Independence Day, while the Nifty 500 has gained 3%, according to Mint. Fifteen Nifty 500 stocks at least doubled, led by Ather Energy, Aditya…
If you buy a co-owner's 50% share in a jointly held property and later sell the entire asset, you must compute capital gains separately for each share. Experts say the two halves…
The Union Budget 2024 has standardised long-term capital gains (LTCG) tax at 12.5% across most asset classes, while short-term capital gains (STCG) rates vary by investment type. For equity stocks, ETFs and…
Taxpayers considering Systematic Withdrawal Plans (SWPs) from mutual funds for monthly home loan prepayments risk losing capital gains exemption under Section 54F, says Cleartax founder Archit Gupta. Each SWP payout is treated…
