Ltcg Tax News
Property sellers beware: How unused CGAS can hit you with unexpected taxes
The Capital Gains Account Scheme (CGAS) remains a useful interim tool for reinvestment, although its tax deferral advantage has narrowed.
2 min read8 Oct 2025Is there capital gains exemption on reinvesting share sale proceeds?
NRIs can claim capital gains exemption on reinvestment of share sale proceeds if certain conditions under the Income-tax Act are met.
2 min read29 Sep 2025How to calculate capital gains liability on selling different floors of an inherited house
What property owners need to know about LTCG and taxes when selling floors of inherited real estate.
2 min read31 Aug 2025From surcharge to dead loss: The hidden impact of the 12.5% non-indexed property tax
How the 12.5% non-indexed long-term capital gains tax affects surcharge, loss set-off, and reinvestment strategies for homeowners.
6 min read18 Aug 2025What will be the tax on the sale of shares bought as a resident and NRI?
Residential status at the time of acquiring the shares is not relevant for determining the tax implications on capital gains.
2 min read11 Aug 2025Step-by-step guide to reporting equity capital gains while filing tax returns
Reporting equity capital gains while filing income tax returns is complex due to mandatory scrip-wise disclosure (especially for shares bought before 31 January 2018) and new tax rates after 23 July 2024.
4 min read4 Aug 2025ITR filing: How to correctly report capital gains, CGAS withdrawal, buybacks
The income tax department has released the utilities for ITR forms 2 and 3.
5 min read14 Jul 2025LTCG exemption: Key rulings that clarify grey areas in Sections 54 and 54F
Section 54 applies when the capital gain arises from the sale of a residential house, whereas Section 54F is available on the sale of any long-term capital asset.
3 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 2025Who can avail the indexation benefit on property sale and is it even worth it?
If tax at the new 12.5% rate is higher than 20% rate with indexation on properties bought before 23 July 2024, the excess will be ignored. However, the new tax without the benefit allows to offset capital losses against gains.
6 min read6 Apr 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
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