ISLAMABAD: The Islamabad High Court declared that the gain arising from the disposal of immovable property is only taxable under Section 37(1A) of the Income Tax Ordinance, 2001, irrespective of ...

Did our AI summary help? Staggered payments for an under-construction home often mean selling assets over multiple years but can tax benefits be claimed each time? Today's Ask Wallet Wise query ...

Moving intellectual property between owners and entities may sound simple and routine, but there are a few deceptive tax pitfalls that may arise. For transfers of IP involving entities under common ...

Many small business owners are pleased to learn that a vehicle they purchased for use in their company may qualify for a Section 179 tax deduction. Carefully using Section 179 vehicles can bring tax ...

Riya Ghosh, 32, inherited a flat from her father in 2022, which he had originally bought in 2005 for ₹25 lakh. She sold the property in 2025 for ₹1.2 crore. Under the amended law, she now has to ...

Many taxpayers investing in under-construction homes wonder if long-term capital gains (LTCG) spread across multiple financial years can still qualify for Section 54F exemption. Today's ask Wallet ...

Elizabeth Blessing is a financial writer and editor specializing in growth investing, high-yield stocks, small caps, and gold investing. Lea Uradu, J.D., is a Maryland state registered tax preparer, ...

PHILADELPHIA (WPVI) -- Approximately 70 properties lost their water service Tuesday due to a water main break in Philadelphia's Kensington section. The Action Cam was at the scene in the 3300 block of ...

As the Renters’ Rights Bill continues its progress through the House of Lords, landlords should be preparing for a much tighter framework around possession. One of the most significant changes ...

Tax on capital gains has long led to disputes in many areas. One such area is capital gains from the sale of leasehold or tenancy rights. Selling tenancy rights is quite common in Mumbai, where ...

For investors exploring alternatives to public markets, Equiton offers access to private real estate with a decade-long track record of positive returns. Under the leadership of Jason Rogue(Founder & ...