LTCG

The Union Budget 2026 keeps long-term capital gains tax rates unchanged, while buyback proceeds will be taxed as capital gains; securities transaction tax on commodities futures has been increased

The key message from the Budget is clear: fiscal consolidation will continue alongside growth, supported by responsible financial management

A Bombay HC ruling shows how a wording gap in Section 54 once let a son reinvest gains from his mother's flat into seven homes, escaping over Rs 1 crore in tax, rules are stricter now.

Lok Sabha clears revised I-T Bill, along with tax law amendments

New tax rules mean steeper bills and bigger TDS for NRIs selling property. Experts break down what's changed and how to plan smarter.

Exemption to IREDA bonds redeemable after five years and issued on or after July 9

'The higher cost inflation index helps cushion sellers from rising prices, lowering their taxable gains,' say experts, making long-term property sales more tax-friendly.

Govt likely to fix key omission regarding AMT

Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2

The government has notified the income tax return forms 1 and 4 for assessment year 2025-26, and made it easier for individuals with long term capital gains of up to Rs 1.25 lakh from listed equities to file returns. The government has also made certain changes in the form with regard to deductions claimed under 80C, 80GG and other sections and has provided a drop down menu in the utility for tax filers to select from. Also, assessees will have to furnish in the ITR section-wise details with regard to TDS deductions. Once the utility for filing ITR is made available by the I-T department, people can start filing ITR for income earned in 2024-25 fiscal. The last date for filing ITR for individuals and those who do not have to get their accounts audited is July 31. Usually, the ITR forms are notified before the end of the fiscal, mostly around February/March. This time, however, the ITR forms and the filing utility got delayed as revenue department officials were pre-occupied with the

On August 6, the Centre announced a provision that offers flexibility to home buyers regarding the LTCG rates. Watch the video to find out how.

Call for fair treatment of domestic and foreign investors; review retrospective tax implications

A major driver behind this rally, analysts said, is DLF's strong June quarter performance.

FIIs net sold stocks worth Rs 10,712 crore in the cash market, and index futures worth Rs 10,336 crore in the derivatives segment in the three trading sessions post Budget 2024.

Income tax changes in Budget 2024: On the personal income-tax front, the tax slab rates have been rationalised only under the new tax regime

Market pundits also expect some changes in the tax treatment of gains arising from trades in the futures & options (F&O) segment

The money raised through a higher capital gains tax will hardly add much to the Rs 24.4 trillion of revenue receipts and Rs 41.9 trillion of spending estimated for 2023-24

Investors snap up popular medium- to longer-duration debt funds to lock in higher returns

Recent correction factors in most negatives, valuations attractive, say brokerages

Experts say they may now be slightly better placed as customers looking for tax-free returns under Rs 5 lakh investment a year may now choose their guaranteed products