Capital gains are applicable if any capital assets such as stocks, mutual funds, property, gold, etc. is sold at a profit. Selling a capital asset with a short time such as within a year of purchase, typically results in taxation under short term capital gains or STCG tax rules. In the following sections we will discuss STCG tax rates and rules for different asset classes

Marginal relief in income tax is a provision that ensures taxpayers do not end up paying more income tax than the additional income they earn beyond a specific threshold. This mechanism of relief is designed ensures fairness and prevents taxpayers from being penalised with a sudden increase in tax liabilities even if their income crosses a surcharge slab by a relatively small amount.

Deferred tax liability represents the future tax a company owes due to temporary differences between accounting income and taxable income. It impacts cash flow, financial planning, and business decisions, making it important for business owners and investors to understand. Let’s know the meaning of deferred tax liability and how you can calculate it.

Taxes are a crucial component of a nation's financial ecological balance, ensuring the fair distribution of wealth. In India, businesses are required to abide by tax laws, including the Minimum Alternate Tax (MAT). This system makes sure all businesses that make a profit pay at least a certain amount of tax. Let’s find out what MAT is, how it is calculated, and its implications for companies.

When selling property, be it your family home, inherited land, or a commercial unit, the capital gains tax becomes a decisive factor in the net proceeds you finally receive. The tax treatment changed materially after the Union Budget announcements and subsequent notifications in 2024–25. Taxpayers who sell property now face a simplified but materially different regime, a uniform tax on long-term capital gains rate in many cases, revised short-term rates, and revised indexation rules. Understanding how capital gains will apply to your property transactions is essential before finalising any sale agreement or reinvestment decision.