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The Income Tax Department has announced the Cost Inflation Index (CII) for the financial year 2025-26, setting it at ‘376’.
Outdated tax rules hit homeowners hard: soaring prices mean many now face big capital gains taxes. A new bipartisan bill aims ...
As U.S. Senate Republicans mark up their version of the One Big Beautiful Bill Act, one provision proposed a major tax break ...
Income tax in Belgium is, however, high with rates of up to 50%. Finance Minister Jan Jambon said in a statement on Monday ...
Senate tax writers changed the deferral period for writing off capital gains from the opportunity zones program in the latest ...
The IRS said Tuesday that it expects to issue a revised notice of proposed rulemaking after it studies the issues addressed ...
Here’s how Farmers First Trust uses the Section 453 tax code to defer capital gains tax on a farm sale: The title of the sale goes directly from the seller to the buyer.
Like all good rules of thumb, the “Napkin Test” is a starting point and not the whole story. Every 1031 exchange is nuanced, and while these three rules will keep most investors on the right path, the ...
Representative Greg Steube (R-FL) has introduced legislation to lower capital gain taxes, a policy he said is "empowering investors to fuel economic growth and ...
Tax expert CA Nitin Kaushik warns that using the wrong ITR form or making mistakes in reporting capital gains can lead to tax ...
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