On discarding indexation for long-term capital gains | Explained

For representative purposes. | Photo Credit: Getty Images The story so far: Finance Minister Nirmala Sitharaman’s…

The ‘March effect’ and indexation benefit in MFs

Till 31 March of last year, debt funds were eligible for indexation benefit for the purpose…

How well does the cost inflation index reflect real inflation rates?

The government recently notified the Cost Inflation Index (CII) number for the current financial year or…

Tax department released new cost inflation index

New Delhi: The Central Board of Direct Taxes has notified a new cost inflation index for…

Do I have to pay income tax on sale of ancestral house?

We built a house in 1995 by demolishing our grandfather’s ancestral house. All of us five…