Draft Tax Bill 2025: Relief For LLPs On LTCG Front?

'The original provision will be restored. AMT is meant only for those claiming deductions, not for firms earning regular income like capital gains,' a senior government official said.......

Realtors cheer Centre's LTCG tax decision

The government’s move to tweak the long-term capital gains (LTCG) tax regime proposed in the Finance Bill 2024 and re-introduce the indexation benefit is likely to boost the investments and......

Homeowners get flexible LTCG tax calculation relief

The government on Tuesday sought to address a significant concern stemming from the 2024-25 Budget announcement by introducing flexibility in the computation of long-term capital gains (LTCG) tax......

I-T Bill Restores Tax Benefits For Religious Trusts

'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in......