Finance Bill cleared in Lok Sabha with capital gains tax relief on property sales – Journey Infinite
The Lok Sabha on Wednesday cleared the tax proposals presented in the union budget for FY25 along with amendments proposed by finance minister Nirmala Sitharaman, including restoration of inflation adjustment…
West Bengal Cabinet Reshuffle: Mamata Banerjee-led govt changes portfolio of four ministers, Babul Supriyo gets… – Journey Infinite
The West Bengal government on Wednesday effected a reshuffle of portfolios of four ministers including three of Cabinet rank following Governor CV Ananda Bose’s assent to the changes, a home…
ITR filing: How can taxpayers check their income tax refund status online? A step-by-step guide – Journey Infinite
Now that you have filed your income tax returns, you must be wondering when you will receive your income tax (I-T) refund. And if you have not yet filed your…
Trump thanks Kamala Harris for choosing ’smarter version of her’ as running mate; Obama says Tim Walz ‘has experience…’ – Journey Infinite
Donald Trump appears to have somewhat mixed feelings about Tim Walz — the newly selected running mate of Democratic Presidential candidate Kamala Harris. The Republican leader has dubbed it a…
LTCG amendment: Experts cheer decision to restore indexation benefit for property. Why this govt move matters – Journey Infinite
Land and building owners now have a reason to cheer. The government has proposed an amendment to the Finance Bill 2024 regarding long-term capital gains (LTCG) tax, thereby relieving property…
Pan masala makers to come under new penalty regime – Journey Infinite
New Delhi: Makers of pan masala will face a new penalty regime, the Central Board of Indirect Taxes and Customs (CBIC) said, moving against an industry that is known for…
Sebi’s proposed new asset class is just the ticket for affluent Indians – Journey Infinite
India’s investment ecosystem is seeing rapid growth in both traditional and alternative avenues. The mutual fund industry, a major investment avenue for retail participants, has ₹59 trillion in assets under…
Reintroduced indexation benefit for property disallows loss offsets, excludes NRIs and companies – Journey Infinite
The recent amendment to long-term capital gains (LTCG) tax on real estate has brought some respite to property owners. Those who acquired real estate before 23 July 2024 now have…
Property sold at loss: Expert advice on tax filing and investments – Journey Infinite
Any capital gain or loss arising on the transfer of a capital asset is taxable in the hands of the person who had actually provided the funds for the investment.…
Scripbox’s fee-based advisory: A potential challenger for Groww, Zerodha Coin? – Journey Infinite
Traditionally, mutual fund distributors earn commissions from asset management companies (AMCs) for selling their products. In contrast, Scripbox’s fee-based model aims to eliminate commissions by charging clients directly for advisory…