Capital Gains Tax News
CBDT raises cost inflation index to ease capital gains tax burden
The rationale is that long-term capital gains on assets such as land and buildings should apply only to real profits, excluding gains purely due to inflation.
2 min read2 Jul 2025How to calculate tax if capital gains are your sole income in FY25
The benefit of ₹1.25 lakh exemption and the basic exemption limit are available, but slab rates are not applicable, and rebates are also not available.
4 min read18 Jun 2025What are the Indian tax rules for NRIs selling bonds?
Selling your long-term HUDCO bond will attract capital gains tax in India, but you can avoid double taxation by claiming credit in Australia under the DTAA.
1 min read17 Jun 2025Legal minefield: Decoding capital gains tax on the sale of leasehold and tenancy rights
A recent Bombay High Court ruling broadened capital gains tax to include tenancy/leasehold rights, impacting tax liabilities and exemptions on property redevelopment.
4 min read28 May 2025Capital gains on equities: Here's all you need to know when filing tax returns this year
There are several changes in the way capital gains from stocks and equity mutual funds in FY25 are to be reported. Mint's handy guide will help you sail through.
6 min read21 May 2025Do NRIs have to pay tax on mutual fund gains in India?
A recent ruling offers tax relief to NRIs on capital gains from mutual fund sales under certain tax treaties, but conditions must be met and documentation is key.
4 min read19 May 2025For some NRIs, capital gains from Indian mutual funds are tax-free
If you're a tax resident of a foreign country that doesn't tax capital gains and has a residual clause under ‘capital gains’ in its double taxation avoidance agreement with India, you're in luck.
6 min read15 Apr 2025Mutual funds engineer new category in quest for tax-efficient debt funds
These schemes put 65% of the portfolio in debt and the remaining 35% in arbitrage funds to reap the benefit of 12.5% long-term capital gains tax, as pure debt funds are taxed at your income tax slab rate regardless of the holding period.
3 min read31 Mar 2025Vivek Kaul: Is capital gains tax to blame for the exodus of foreign investors?
As the stock market wilts amid FII outflows, it’s being offered as an explanation by those who manage other people’s money to justify past narratives gone wrong. As an argument, though, it’s hollow.
4 min read18 Mar 2025Mint Explainer: Can capital gains make you ineligible for a tax rebate?
Say you make ₹12 lakh a year but earn ₹1 lakh from capital gains on your investments, pushing your total income above the rebate threshold. Will you still receive a rebate or will your entire income be taxed? Nobody seems to know.
4 min read20 Feb 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared