New Income tax bill: Get one-time set off of long-term capital loss...

Dununu.com Dununu

Sponsored

New Income tax bill: Get one-time set off of long-term capital loss against short-term capital gains from tax year 2026–27

RSS Feed Business

Posted

133

The new Income Tax Bill, 2025 proposes a one-time tax relief. It could lower capital gains tax for many. Long-term capital losses until March 31, 2026, can offset short-term gains from 2026-27. This change offers broader tax planning. Taxpayers can sell loss-incurring investments before April 1, 2026. This helps reduce overall tax liabilities.

Read Full Article

Please log in to like, share and comment!

Who is Francesca Albanese? UN investigator probing abuses in Gaza - and why US sanctioned her

By 0 3

The UAE is no longer a financial risk in Europe’s eyes, here is what that really means

After being grey-listed by FATF in 2022 and added to the EU’s high-risk list in 2023 due to...

By 0 3

Buck Moon: What is it and how to watch it across the Gulf

The 2025 Buck Moon, a micromoon coinciding with Earth's aphelion, will be exceptionally low and...

By 0 3

IND vs ENG 3rd Test: Lord’s pitch under spotlight as India eye momentum shift

Ahead of the crucial third Test at Lord's, the greener pitch has sparked discussions, contrasting...

By 0 7

Vijay, Rana among 29 celebs booked by ED

The Enforcement Directorate has booked 29 celebrities, including Vijay Deverakonda, Rana...

By 0 14