Debt mutual funds, also called income funds, primarily hold fixed-income securities such as government bonds, corporate debt ...

Except for listed securities and equity-oriented schemes, which require a 12-month holding period, all other capital assets ...

How much capital gains tax is levied on the sale of mutual funds depends on two factors – holding period and category of ...

Estimates of federal revenue forgone due to the tax exemptions of U.S. nonprofit hospitals relative to the community benefits ...

More tightening of the rules around inheritance tax – especially around gifting – could potentially be coming in the Budget.

The Authority held that the applicant’s diploma courses form part of a curriculum leading to qualifications recognized by law. Educational services provided to students are exempt from ...

The Chancellor is due to outline her latest plans for the economy on November 26, which are expected to include revenue ...

West Virginia is preparing for a significant shift in its tax landscape as lawmakers move forward with a plan that will fully ...

The Authority held that the applicant’s solid waste management activities fall under Entry 3B and are exempt from GST. It found CKCL to be a Governmental Authority receiving eligible ...

On 21 July 2025, draft legislation was published for inclusion in Finance Bill 2025/26 proposing that only tax advisers who are formally ...

Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...

Under current rules, outright gifts made to individuals are treated as “potentially exempt transfers.” In simple terms, no ...