This blog post details how to report capital gains from shares, mutual funds, and property in the Income Tax Return (ITR) for Assessment Year 2025-26 (Financial Year 2024-25). It explains the classification of gains (STCG/LTCG), calculation methods considering grandfathering, the significant impact of the Finance (No.2) Act 2024 changes effective July 23, 2024 (including curtailed indexation and revised tax rates), set-off rules, and specific ITR schedules (like CG and 112A). It also covers capital gains exemptions and emphasizes reconciliation with AIS/TIS.

Your FY 2024-25 investments directly impact your AY 2025-26 tax return. This guide covers tax-saving deductions (80C, 80D), taxable income (interest, dividends), capital gains reporting, and regime selection (old vs new). Ensure accurate filing with proper documentation.

The Indian government has updated the capital gains tax rates for equity shares and mutual funds, effective from July 23, 2024. Short-term capital gains (STCG) are now taxed at 20% (an increase from the previous 15%), while long-term capital gains (LTCG) are now taxed at 12.5% (up from 10%). Discover how to file your Income Tax Return (ITR) with a date-wise breakdown, the responsibilities of brokers, and tips for saving on taxes.

Investors in the stock market must comprehend capital gains tax. This blog offers practical tips to reduce or prevent taxes on your stock market profits in addition to explaining Long-Term Capital Gains (LTCG) and Short-Term Capital Gains (STCG). Find out how to be tax-efficient while increasing your profits.

This blog explains why taxpayers with capital gains are receiving Section 87A rebate notices. Learn about eligibility, common mistakes, and how to respond to income tax notices effectively.

In 2025, the Indian government will implement new tax breaks for startups and MSMEs to encourage innovation, alleviate financial constraints, and boost development. Extended tax vacations, lower corporate tax rates, larger turnover limits for presumptive taxation, GST concessions, and capital gains exemptions are among the most significant advantages. These steps are intended to boost competitiveness, increase cash flow, and facilitate digital transformation in the MSME sector.

When selling or transferring property, this blog offers a thorough guidance on how to reduce or eliminate capital gains tax. It discusses a number of legal tactics, including using the Capital Gains Account Scheme, investing in capital gains bonds, reinvesting in residential real estate, and balancing capital gains with losses. The advantages of giving family members property as gifts and deducting costs for renovation and transfer are also covered in the blog.

The Union Budget 2025 included a tax credit for yearly incomes up to Rs 12 lakh, however capital gains are excluded. This blog examines the refund, its exclusions, and ways for maximizing tax savings.

One significant change brought about by the recent alteration to Section 87A of the Income Tax Act is the removal of the rebate on special rate incomes, such as short-term and long-term capital gains. The Bombay High Court formerly permitted the refund even for earnings with special rates, but this has now been reversed. Even if their total income is less than ₹7 lakh, taxpayers who make capital gains will now be required to pay tax at certain rates. The changes, their effects, and tax preparation techniques are examined in this blog.

By declaring that no structural modifications to the capital gains tax system are under consideration, the government has reassured private investors and High Net Worth Individuals (HNIs). This ruling, which was announced on January 22, 2025, gives investors much-needed confidence and guarantees stability in India's tax system. The blog discusses the basics of capital gains tax, making a distinction between short-term capital gains (STCG) and long-term capital gains (LTCG), and stressing the significance of the government's resolve to preserve the current framework. Stability in tax policy, the maintenance of investment incentives, and increased market trust are important lessons learned that guarantee investors may smoothly organize their finances.

Both citizens and non-resident individuals will be impacted by the substantial changes to the capital gains tax structure brought about by the Indian Union Budget 2024. The changes, including uniform tax rates, TDS adjustments, and investment ramifications, are covered in detail in this blog. Learn how to modify tactics to conform to the most recent rules.

For Indian cryptocurrency investors, the Income Tax Appellate Tribunal's (ITAT) recent decision is a huge relief. Gains from bitcoin transactions completed before to FY 2022–2023 are exempt from the recently implemented 30% tax under Section 115BBH of the Income Tax Act, the ITAT clarified. Rather, depending on the nature and purpose of the transaction, these earnings will be taxed as either capital gains or business income under the current laws. This historic ruling guarantees that tax regulations cannot be enforced retroactively, eliminates uncertainty, and gives investors clarity. The decision emphasizes the significance of accurate record-keeping and helps taxpayers who still owe money on assessments from prior years.