Long-term capital gains: How tax on the sale of an inherited property is computed?
After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.
Tax Guru2h
Cost Inflation Index Update FY 2024-25: Key Changes Explained
How is Cost Inflation Index used in Income Tax? Long term capital assets are recorded at cost price in books. Despite increasing inflation, they exist at the cost price and cannot be revalued. When ...
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Zelenskyy announces state pensions indexation
In his evening address, the president stated that the government remains committed to finding ways to finance its outstanding ...
Budget 2025: Why indexation must be restored for fair capital gains taxation
The reinstatement of indexation in India’s tax system aims to ensure fair taxation and restore market confidence. It protects ...
ERR News11d
Economist: Indexation could be temporarily suspended to balance budget
Annual indexation could be temporarily halted to keep costs down until the budget is balanced, said Bigbank's chief economist ...
The Financial Express on MSN6mon
Indexation benefits to be back for debt mutual funds as well after real estate? Here’s what AMFI says
The Association of Mutual Funds in India (AMFI) has urged the government to restore the indexation benefit for debt mutual ...
ERR News13d
Economist: Extraordinary pension hikes have caused issues with indexation
Economist Kaspar Oja explained that under the current pension indexation system, pensions may not grow at the same rate as ...