If there is an increase in the exemption limit for long-term capital gains tax from the current ₹1.25 lakh to a higher threshold, that would be positive for the market,” said VK Vijayakumar, Chief ...
The issue was how cryptocurrency income is classified for tax purposes. The framework holds that transfers fall under a dedicated VDA regime with a flat rate and strict loss ...
Budget 2026: With the Union Budget 2026–27 around the corner, investors and tax experts are closely watching whether the government will tweak rules governing long-term capital gains (LTCG). Capital ...
Tax department releases draft Income Tax Rules, 2026; Rule 57 of draft rules tell how fair market value of assets like ...
For the financial year 2024-2025, Indian tax law treats cryptocurrencies as virtual digital assets (VDAs) under the Income Tax Act, 1961. Section 2(47A) spells out what that means: Any code, number, ...
A major focus of the draft rules is to make income-tax return (ITR) filing simpler under the new law. The government has ...
Budget 2026 tax changes for NRIs explained by a CA, covering overseas income exemption, residency rules, property sales, ...
The Union Budget 2026 has extended tax holidays for foreign companies using Indian data centres, positioning India as a ...
Union Budget 2026 has unveiled a series of targeted measures aimed at easing investment, taxation and compliance for non-resident Indians (NRIs) and persons resident outside India (PROIs) ...