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tax exemption

Selling your house? Here’s how to reduce your capital gains tax burden

When you sell a property, capital gains arise. However, you can save on paying taxes on capital gains by utilising certain provisions of the Income Tax Act. (Photo for representational purposes only)
Updated on Apr 20, 2026 08:59 am IST

Kavitha urges Centre to provide tax relief in severance to techies

Kavitha urges Centre to provide tax relief in severance to techies
Published on Apr 04, 2026 07:50 am IST

Section 54: Can seven adjoining flats qualify as a single unit for tax relief?

The Income Tax Appellate Tribunal ruled that adjoining flats used as one home qualify for exemption, shifting focus from the ‘one house’ rule to actual usage. (Picture for representational purposes only)
Updated on Mar 22, 2026 10:47 am IST

Why does Mamdani want a 50% estate tax for New York?

Mamdani’s administration has been exploring several options to generate additional revenue and has sought cooperation from the state legislature to implement potential changes.
Updated on Mar 15, 2026 06:31 am IST

Tax exempted for motor accident compensations

A busy road in Navi Mumbai. (HT Photo)
Published on Feb 02, 2026 09:29 am IST