CAPITAL GAINS
NRI Talk: From Art to Angel Deals: NRIs are broadening their investment canvas, Sachin Sawrikar decodes
NRIs are increasingly diversifying their investments beyond traditional real estate and fixed deposits, exploring opportunities in mutual funds, GIFT City, and tech startups. Factors like resilient economic fundamentals, tax benefits in certain jurisdictions, and emotional ties to India drive this shift.
Income tax on gifted property: NRI step-brother to pay zero income tax on Rs 7.5 crore property
The ITAT Mumbai ruled that a gift from a stepsister to her stepbrother is exempt from income tax, overturning the tax department's addition of Rs 7.88 crore (Rs 7.5 crore property+38 lakh stamp duty) to the stepbrother's ITR. The tribunal considered stepsiblings as relatives based on affinity and common sense. This decision provides clarity on tax implications for gifts within step-families. Read below to know more.
Husband wife duo wins Rs 1.3 crore long term capital gains tax exemption case under Section 54 despite selling two houses to buy a joint property; ITAT Mumbai case
The ITAT Mumbai ruled that a wife is eligible for a Rs 1.3 crore Section 54 LTCG tax exemption on a property sale, even though the new property was jointly purchased with her husband. This decision came after the tax department initially rejected her claim. However ITAT Mumbai said this is subject to the condition that the AO verifies her claim and makes sure there is no double claim.
9 changes in ITR-1, ITR-2, ITR-3, ITR-4 you need to know for FY 2024-25 (AY 2025-26) income tax return filing
Income tax return forms 2025-26: The income tax department has notified the ITR forms for the FY 2024-25 (AY 2025-26). The utilities to file the tax return are yet to be released. However, this year, ITR forms come with the changes that were announced in the Budget 2024. Know the nine changes in ITR forms 2025-26 to ease the filing.
NRI Talk: Why NRIs in Dubai and Singapore pay zero tax on mutual fund gains, Nitin Aggarwal explains
India is one of the most preferred markets for the long-term investments for NRIs. Several clients have increased exposure to India in recent years as there is no country other than India with strong and stable economic growth prospects.
No new tax-free bonds issued since 2016. Here’s how to tap existing ones for tax-free income
Tax-free bonds, last issued in 2016 by PSUs, remain attractive due to their post-tax returns exceeding those of fixed deposits. Investors can access these AAA-rated bonds through wealth managers, stock market platforms, or online bond platforms. With interest rates ranging from 5.5% to 6% tax-free, these bonds offer liquidity and potential capital gains in a declining interest rate environment.
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CBDT calls for more disclosure on foreign donations
The Central Board of Direct Taxes has revised the Income-tax Return Form ITR-7. This change impacts political parties and charitable organizations. They must disclose more details on foreign contributions and donations. The updated form includes compliance checks for violations. These revisions aim to improve transparency and accountability.
LIC MF's Sumit Bhatnagar bets on smart beta schemes as ETF inflows hit Rs 19,000 cr in April
Also, Smart Beta and Factor – Based ETFs that use investment factors such as value, momentum, or low volatility for index construction rather than traditional market capitalisation, are garnering investor attention as well.
Updated LTCG and STCG capital gains tax table by income tax department: Check the tax rates for equities, foreign currency bonds and more
The Income Tax Department has updated capital gains tax rates, differentiating between long-term (LTCG) and short-term (STCG) gains across asset classes. Effective July 23, 2024, LTCG on certain securities will be taxed at 12.5%, and STCG at 20%. Taxpayers should note that standard deductions under sections like 80C and 80D are not applicable against capital gains.
Should home loan be the only factor to see while choosing between old and new income tax regime?
Budget 2025 brought significant changes to India's income tax structure. Under the new tax regime, the basic exemption limit was hiked to Rs 12.75 lakh for salaried individuals. This could potentially make traditional tax planning less relevant for many, since several deductions are no longer available. For those looking to opt for a home loan interest deduction, the old regime may still be better, but only if other deductions are also high.
Navigating market volatility and tax efficiency: Understanding income plus arbitrage funds of funds
In a nation where fixed deposits have long been the cornerstone of conservative investing, India's debt market is evolving, offering sophisticated avenues for investors seeking stability without sacrificing tax efficiency.
NRI Talk: Tax-free gains? How NRIs in UAE, Singapore & Mauritius legally avoid MF taxes
NRIs are increasingly aligning investments with India’s growth, drawn by economic resilience, reforms, and emotional ties. Tax-friendly hubs like Dubai and Singapore amplify returns, while new tools like GIFT City and fractional real estate expand options.
Gold, debt and stocks: Why multi-asset funds are the smartest play
With high equity valuations, capped debt yields, and gold’s rising strategic role, Indian investors in 2025 are embracing multi-asset allocation funds for diversification, stability, and simplified long-term wealth building across asset classes.
NFO Alert: Baroda BNP Paribas Mutual Fund launches Income Plus Arbitrage Active Fund of Funds
Baroda BNP Paribas AMC has launched the Income Plus Arbitrage Active Fund of Fund, targeting conservative investors seeking better post-tax returns than traditional debt products. The scheme invests in a mix of debt and arbitrage mutual funds and is open for subscription till May 21. It offers tax-efficient income with a low-risk profile and diversified allocation.
NFO Insight: Can this multi asset allocation fund save your portfolio in this volatile market?
Canara Robeco Mutual Fund has launched the Canara Robeco Multi Asset Allocation Fund, an open-ended scheme investing across equity, debt, gold, and silver. Experts suggest multi-asset funds offer diversification and cushion against market volatility, though some advise caution due to lack of control over asset allocation.
Not just for retirees: Why Gen Z should embrace bonds early in their journey
Vineet Agarwal advocates for Gen Z to consider bonds as a stable investment foundation amidst equity market uncertainties. Bonds offer predictable returns, monthly cash flows, and low volatility, making them a powerful tool for young investors. He suggests bonds can be a crucial component for short-term financial planning and wealth creation.
ITR filing FY24-25: ITR-3 form notified by the CBDT: Know what this means for taxpayers; Who is eligible?
ITR Filing Forms FY24-25: The CBDT has released the ITR-3 form for individuals and HUFs with business or professional income for FY 2024-25. It includes a capital gains split schedule for calculations before and after July 23, 2024, and allows reporting of capital loss on share buybacks.
Got LTCG up to Rs 1.25 lakh? How ITR filing will be easier for you for FY 2024-25
Taxpayers filing ITR for FY 2024-25 by July 31, 2025, benefit from the updated ITR-1 form, which now includes reporting of long-term capital gains from equities up to Rs 1.25 lakh. This simplifies filing for those under the new tax regime. The form also introduces detailed deduction reporting, enhancing accuracy and potentially preventing future disputes with the tax department. Read below to know more.
ITR-2 for FY2024-2025 notified by Income Tax dept: There’s good news for Rs 50 lakh to Rs 1 crore income-earners, know other changes and more
The CBDT has notified the ITR-2 form for FY2024-25, effective from April 1, 2025, which will be applicable to the majority of taxpayers, especially salaried individuals, pensioners, and those with income from multiple properties or capital gains. Key changes include raising the asset and liability reporting limit to Rs 1 crore, requiring TDS section reporting, and splitting capital gains. Read on to know more about the changes made.
Investment banker shares how the rich are using farmhouses to build tax-free wealth as the middle class chases affordable 2 BHKs
Wealthy Indians are increasingly investing in farmhouses, drawn by lifestyle benefits and significant tax advantages. Tax-free agricultural income allows for easier management of undisclosed funds, while low stamp duty and capital gains exemptions further enhance the financial appeal. These properties also offer income-generating opportunities through private events and rentals, making them a lucrative investment.
Favourable change in taxation, regulatory push for Fund of Funds: Should you invest in FoFs now?
A favourable shift in the tax regime and regulatory push set the stage for new solutions in the FoF avatar.
There has to be an edge for wealth creation & protection: 6 midcap stocks with an upside potential of up to 55%
A pharma company that has been performing well post-restructuring, an auto ancillary firm whose product has remained the preferred choice for both OEMs and retail customers for decades—these are examples of businesses with a lasting edge. Similarly, other companies that possess a unique advantage are the ones investors should focus on. Yes, if uncertainty rises due to domestic or global developments, these stocks may also face declines. But here, it's important to distinguish between a fall in stock price or valuation and actual damage to the underlying business. The reality, in most such cases, is that their businesses remain resilient. It’s their enduring edge that helps them withstand such phases.
CBDT notifies new ITR form 5 for 2025-26 with key updates
One of the most notable revisions in ITR Form 5 is the introduction of a split within the Schedule-Capital Gain.
Explore how Floating Rate Savings Bonds, 2020 (Taxable) can be a starting point for investment
Floating Rate Savings Bonds 2020 offer a way to secure finances amidst fluctuating interest rates. Reserve Bank of India issues these bonds. Indian residents, HUF members, and guardians can invest. The interest rate resets every six months, linked to the National Saving Certificate rate. The bonds have a seven-year maturity.
My wife will get Rs 3 crore after selling her ancestral property. What is the best way to save income tax and achieve future goals?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
ITR forms 1, 4 notified for FY 2024-25 (AY 2025-26): Now report these long-term capital gains in ITR-1; check other changes
Income tax ITR forms for FY 2024-25 notified: The Central Board of Direct Taxes (CBDT) has notified some income tax return forms. The notification has been issued for ITR-1 and ITR-4 forms. There is a major change in the ITR-1 form. Read on to know what has changed in this year's ITR forms.
Carney's economic blueprint takes center stage amidst Conservative pushback and Trump's shadow
Carney, victorious against Trump's influence, unveils economic reforms amid Conservative scrutiny. He tackles tariffs, housing, and regional divides with trade diversification and housing initiatives. Alberta's demands and economic challenges test his economic acumen and coalition-building skills, shaping his early premiership
I-T Department notifies ITR forms 1, 4 for AY 2025-26
With the notification, individuals, HUFs, firms having income up to Rs 50 lakh and those having earnings from business and profession in the 2024-25 fiscal (April-March) can start filing I-T returns for the income earned in the financial year.
Gold on Akshaya Tritiya? Grandma was right & you could have been richer
Driven by geopolitical tensions and economic uncertainty, gold prices have surged, delivering impressive returns, especially for those who bought on Akshaya Tritiya. While gold offers diversification and liquidity, experts advise allocating only 15-20% of a portfolio to it. Sovereign Gold Bonds provide tax benefits, and Indian women's significant gold holdings underscore its enduring value as a store of wealth.
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