The New Zealand Tax Podcast - How Australian capital gains tax can apply to the sale of a New Zealand property. More on ...

Amid months of hand-wringing about the state’s financial footing, Massachusetts ended the most recent budget cycle with tax ...

A key error is choosing the wrong ITR form. Taxpayers must opt for ITR-1 and ITR-4 to report exempt long-term capital gains (LTCG) up to Rs 1.25 lakh under Section 112A.

Under Section 56(2) of the Income Tax Act, gifts from close relatives — including siblings — are fully tax-exempt, regardless ...

Deciding whether to sell an old house to repay a home loan or keep it for rental income and invest elsewhere can significantly impact your financial goals and tax liabilities. Understanding the ...

Income schedules from various sources, loss set-off, depreciation, deductions, exempt income, foreign assets, GST ...

The Mumbai ITAT has remanded a tax case, ruling that the AO was duty-bound to refer a valuation dispute to a DVO under Section ...

The Tax Laws aim to simplify tax collection, reduce the tax burden on compliant businesses, and reposition the country as a ...

However, all gains are taxed as income, which for higher-rate payers is 40 per cent compared with CGT at 24 per cent.

Labour leader Chris Hipkins says the Government is failing to rescue the economy and more fiscal support is needed to spur ...

Achieving financial independence through FIRE requires careful planning, long-term sustainability, and emotional preparation ...

Freelancers are not eligible for standard deduction. Instead, they can claim actual business-related expenses incurred in the course of their work, excluding personal expenses.