What is tax loss harvesting? How can you save taxes if you are facing stock market losses?

What is tax loss harvesting? How can you save taxes if you are facing stock market losses?

ITR filing 2025: When it comes to paying taxes on equities, you are only required to pay income tax when you decide to sell your holdings. This means that while you are responsible for paying taxes on your gains, you also have the opportunity to offset any losses incurred.  Tax-loss harvesting is a tax-saving strategy … Read more

Tax return filing: Income Tax dept to kick off drive to reach out to 15.2 mn required to file ITRs

Tax return filing: Income Tax dept to kick off drive to reach out to 15.2 mn required to file ITRs

The Income Tax department will start a drive in this financial year to track individuals and entities who are required to file tax returns but have failed to do so or evaded taxes. The Income Tax department has already identified 15.2 million such individual taxpayers who have income or have had tax deducted at source … Read more