MUMBAI: The new Income Tax Bill has no changes in the rate structures, nor are there any changes in the capital gains tax ...

Capital losses from stocks, bonds, real estate, or mutual funds can help you reduce your tax liability. Here’s how the ...

While supporters of an extension to the 2017 Tax Cuts and Job Act say that the tax cuts paid for themselves, experts say that ...

JEFFERSON CITY — The Missouri House gave initial approval Tuesday to a plan to erase the state’s capital gains tax, potentially blowing a $334 million hole in the state budget. Under the ...

Currently, the Income Tax Act refers to the year of earning taxable income as the ‘previous year’ and the year when the tax ...

Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate ...

Capital gains and losses are taxed differently from income like wages, interest, rents, or royalties, which are taxed at your federal income tax rate (up to 37% for the 2024-2025 tax filing season).

Finance Minister Nirmala Sitharaman proposed alterations to the capital gains tax structure, elevating the short-term capital ...

The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...

Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.

Mark Carney plans to announce he won’t follow through with a proposed increase to Canada’s capital gains tax if he wins the ...