The new Income Tax bill will replace the existing Income Tax Act, 1961. The new bill is being brought to consolidate and ...

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

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

The two discrete periods seem to be left over from the 2024 federal budget announcement that proposed an increase to the capital gains inclusion rate for gains realized on or after June 25, 2024, of ...

Finance Minister Nirmala Sitharaman on February 13 tabled the new Income Tax Bill in the Lok Sabha. The bill, which is headed ...

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

The Department of Finance has deferred the capital gains proposals to Jan. 1, 2026, and the Canada Revenue Agency says it ...

Budget 2025 offers a welcome increase in tax rebates, but it’s important to know where the benefits apply and where they ...

The Income Tax Bill, 2025, introduces changes affecting NRIs and foreign companies, including tax rates on dividends and ...

Charitable donations. The deadline for making donations for the 2024 tax year was extended to Feb. 28, 2025, given the disruption of the Canada Post strike. The draft legislation confirms that the ...

Finance Minister Nirmala Sitharaman urged the Lok Sabha Speaker to refer the Income Tax Bill, 2025, to the Select Committee ...