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Canada defers capital gains tax hike, providing more time for taxpayers
01 Feb 2025 13:49 GMT
… The capital gains inclusion rate represents the portion of capital gains that is taxable.
The … easy returns
Towards tax transparency
The capital gains exemptions being maintained … ensure Canadians do not pay capital gains taxes when selling their home. …
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Budget 2025 | Tax relief for AIFs as income will now be treated as capital gains
01 Feb 2025 15:33 GMT
… be treated as capital gains. While capital gains are taxed at 12.5%, … the highest business income tax … will now certainly be taxed as capital gains.
“The effect of … always be treated as capital gains, not business income. …
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ULIP profit to be taxed as capital gains, like equity mutual funds
01 Feb 2025 17:16 GMT
… capital gains (STCG) from ULIPs will be taxed at 20%, and long-term capital gains … (LTCG)—for investments held for over 12 months—will be taxed … the Income Tax Act provides tax-free maturity … gains would be taxed as capital gains or as ‘income …
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No Income Tax For Those Earning Up To Rs 12 Lakh. Do They Still Need To File ITR?
01 Feb 2025 15:08 GMT
… is also available
Tax experts say that tax return filing … single rupee in income tax.
Finance Minister Sitharaman presented … rate income such as capital gains), a tax rebate is being provided … the new tax regime.
Furthermore, tax experts say that tax return …
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Union Budget 2025-26: Income Tax Relief Overshadows Other Budget Disappointments For Mumbai Families
01 Feb 2025 17:24 GMT
… expectations. Income Tax Revision, Credit Guarantee Impressive But Capital Gains Tax Disappoints
Mulund-based … had expected relief in taxes laid on capital gains, which was not … the government has increased tax on the capital gains for foreign individual …
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Goodbye old tax regime; new regime now more attractive
01 Feb 2025 17:15 GMT
… such as capital gains. It means if you have earned capital gains from the … You will have to pay capital gains tax on the ₹2 lakh income … availing most of the popular tax deductions and exemptions available.
… ₹70,000 in tax (30% of tax payable as per existing …
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Tax Exemption Up To Rs 12 Lakh A Booster For Consumption-Led Growth (Roundup)
01 Feb 2025 14:08 GMT
… rates to benefit all taxpayers, especially the middle class … rate income such as capital gains) under the new regime … Finance Minister.
While underlining taxation reforms as one of … understand for taxpayers and tax administration, leading to tax certainty and …
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Union Budget 2025: What Impact Will The Proposed Tax Reforms Have On Startups?
01 Feb 2025 14:22 GMT
… much-needed clarity on capital gains taxation for venture capital and … investors be granted a different capital gains tax rate, recognising their unique … compliance burdens, targeted tax incentives, and simplified capital gains structures, the government …
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Union Budget 2025: Government streamlines tax rules for ULIPs and life insurance proceeds, says CA (Dr.) Suresh Surana
01 Feb 2025 14:46 GMT
… —whether such amounts would be taxed as capital gains or income from other … but also weren’t clearly taxed under capital gains as per Section 45 … :
Proceeds from ULIPs will be taxed under capital gains.
Proceeds from other life …
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Tax exemption up to Rs 12 lakh a booster for consumption-led growth
01 Feb 2025 14:48 GMT
… rates to benefit all taxpayers, especially the middle class … rate income such as capital gains) under the new regime … Finance Minister.
While underlining taxation reforms as one of … understand for taxpayers and tax administration, leading to tax certainty and …