As a taxpayer with both long-term and short-term capital losses in FY 2025–26, you can optimise your tax liability by setting them off against eligible capital gains as per the Income Tax Act, 1961.

Short-term capital gains receive less preferential tax treatment compared to assets held for at least one year taxed at lower long-term capital gain rates. Investors can avoid capital gain taxes by ...

Tracking your portfolio growth, is important but knowing when your gains become taxable is just as critical. There is a key ...

The 2025 tax legislation signed into law by President Donald Trump, commonly referred to as the One Big Beautiful Bill Act, largely preserves the existing capital gains tax framework. Long-term ...

Add Yahoo as a preferred source to see more of our stories on Google. Selling a second home can come with an unexpected tax burden. It doesn't matter if it's an inherited ramshackle cabin, a luxury ...

Dear Liz: I have sold my family home recently after almost 50 years. I had done lots of improvements throughout those years. Due to a fire 15 years ago, all the documentation for these improvements ...

Would ending the capital gains lock-in for senior homeowners free up larger homes for families? Summary: For senior homeowners, removing the cap entirely or retroactively inflation adjusting the ...