New Income tax bill: Get one-time set off of long-term capital loss against short-term capital gains from tax year 2026–27
Wednesday, 21 May 2025 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.
In a stark address to Congress, Rep. Thomas Massie sounded the alarm over America’s growing national debt, calling a proposed spending measure the “Big Beautiful Bill” — a ticking time bomb. Rejecting the usual promises of tax cuts and increased spending, Massie delivered what he called a...
Rejoice Gamers and Horror Fans, The Horror Game Awards is back once more, not just with another installment of a monthly livestream gathering trailers and news of upcoming Survival Horror games, but..
Elon Musk and President Trump are set for one final appearance together at the White House this Friday. Musk, who served as a Special Government Employee under the Department of Government Efficiency..
US Breaking: Elon Musk EXITS Trump Government After Clash Over Big, Beautiful Bill; ‘My Time Ends…’. In a stunning development, billionaire entrepreneur Elon Musk has announced his departure from..
The Central Board of Direct Taxes has released the updated ITR-2 form. It is for the assessment year 2025-26. The form includes separate reporting for capital... IndiaTimes
Wednesday, 21 May 2025
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