Ans. As a consequence of the amendment bringing securities held by investment fund as a capital asset, the transfer of such securities shall be taxed as capital gains. Consequently, the income shall ...

This amendment will take effect from the 1st day of April, 2026 and shall accordingly, apply in relation to the assessment year 2026-27 and subsequent assessment years. Clause 3 of the Bill seeks to ...

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

Allocation funds invest in equity and debt at fixed proportions (e.g., 65% stocks, 35% bonds) and are popular among investors with moderate risk tolerance who value stability, fixed income ...

All in all, this budget is one of the best budgets presented. It will set a wave of positive ripples in the economy and will ...

G Hari Babu, National President of NAREDCO, said the decision to exempt income up to ₹ 12 lakh from taxation under the new regime is a significant incentive for the middle-income group, making ...

The order interrupted the Medicaid system, which provides health care to millions of low-income Americans ... for only a few days without federal funds. The reprieve, Ms. Davenport said, was ...

According to the original proposal awaiting National Assembly approval, no one can buy property worth more than 130% of the ...

A recent ruling shouldn’t necessarily lead clients to name their spouse as beneficiary of their registered plans ...

Expert insights on maximizing tax benefits and philanthropic impact through donor-advised funds, featuring financial adviser ...

The Tennessee House voted to provide school vouchers to families in all 95 Tennessee counties. It passed in both chambers but ...

Under prior law, most cities taxed residential long term (30 days or more) rentals with rates varying depending on the local jurisdiction. This law standardizes and simplifies the tax landscape by ...