Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...

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This article outlines the key things taxpayers in India need to remember while filing their income tax return for the current assessment year, with a focus on accuracy, compliance, and timely ...

The income tax return (ITR) filing has started for the financial year 2024-25 (assessment year 2025-26). The income tax department has notified all seven income tax return forms for the assessment ...

For FY 2024-25, the new tax regime is the default, impacting ITR filing. Switching to the old regime requires careful consideration, especially for those with business income who must file Form 10-IEA ...

Chartered accountants highlight persistent mismatches in the income tax portal's Form 26AS and AIS, causing reconciliation issues and filing complications. Taxpayers are advised to provide feedback ...

Income Tax: The last date to file an income tax return is 15 September 2025. So far, only five crore returns have been filed across India, reveals the latest data of the Income Tax (I-T) department as ...

Sovereign Gold Bonds (SGBs) is one of the popular ways of investing in digital gold. It is exempt from capital gains tax and not considered a transfer under the Income Tax Act. But do investors need ...

Blake Lively wants Justin Baldoni to pay millions of dollars for filing a frivolous defamation suit against her, in a test of a California law aimed at protecting sexual harassment victims who speak ...

Nasdaq's proposal comes as interest in tokenization of assets surges throughout the financial services world. The exchange said that it believes tokenization can provide the same benefits and ...

With only a few days left, tax professionals have urged the government to extend the ITR deadline, citing technical glitches, compliance hurdles, and festive delays. ITR Filing FY25: The timing of the ...

Jennifer Lopez took ex-husband Ben Affleck’s son, Samuel, for a lunch and shopping outing, just over a year after her divorce filing. In photos obtained by Page Six, the “Get Right” hitmaker, 56, ...