Cryptocurrencies and NFTs are categorised as Virtual Digital Assets, and Section 2(47A) was added to the Income Tax Act to ...

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...

Donald Trump has returned to the White House for a second term. During his first, Trump overhauled the tax code with his 2017 ...

Securing a term insurance for 1 crore policy is essential to ensure your family’s financial stability. It provides ...

The Tax Cuts and Jobs Act (TCJA) of 2017, which was signed into law during President Donald Trump's first term, lowered tax ...

This Article covers the aspect of taxation regime for cryptocurrency in the light of the widespread use and tensions arising because of lack of regulations for the same. Recently, cryptocurrencies ...

The Budget 2024 eliminated the indexation benefit for LTCG calculations on assets such as property, gold, and unlisted assets ...

Taxpayers should remember that tax-saving exemptions on capital gains are available on long-term capital gains (LTCG) only.

Conclusion: Assessee was entitled to claim deductions related to taxes paid under protest and the settlement of tax disputes under various state government amnesty schemes under section 43B and CIT (A ...

The government is not considering changes to capital gains tax for individual investors or HNIs, with plans to maintain the ...

In Budget 2024, one of the key proposals was the reintroduction of indexation benefits, which had been withdrawn the previous ...

The Secure Act 2.0 introduces a provision allowing distributions of up to $2,500 per year from retirement accounts to pay for long-term care insurance premiums starting in 2026. This change raises ...