Capital Gains Tax

Govt exempts capital gains tax on FIIs' govt bond investments

With an aim to attract foreign capital, the government on Friday promulgated an ordinance to exempt capital gains tax on investments made by Foreign Institutional Investors in government securities, according to a PTI report. The move is aimed at making Indian debt markets more attractive to overseas investors while helping shield the economy from the effects of the continuing Iran conflict. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved an ordinance on Wednesday to...

Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy

HMRC key tax allowance cut update as income surges

HMRC key tax allowance cut update as income surges The Government has enjoyed a huge windfall from Capital Gains Tax The Treasury has reaped a substantial windfall from Capital Gains Tax following a raft of tax changes that have ensnared more investors. Fresh HMRC data reveals Capital Gains Tax (CGT) receipts reached nearly £24.3 billion in the 2025/26 tax year, a remarkable 77% rise on the previous year.

Greece to tax gains from crypto, sources say

Greece to tax gains from crypto, sources say ATHENS, June 5 - Greece is preparing legislation to impose a 15 per cent capital gains tax on cryptocurrencies, two government officials with knowledge of the issue told Reuters on Friday. Greece doesn't have a comprehensive legal framework for taxing cryptocurrencies, and European Union countries don't have a unified taxation system for the sector. A senior government official told Reuters that the Finance Ministry is preparing a law that is...

PM admits One Nation's rise influenced decision to overhaul tax system

Albanese admits One Nation's rise partly why he moved to change negative gearing and capital gains tax Fri 5 Jun 2026 at 4:08pm In short: Prime Minister Anthony Albanese says One Nation's rise was a factor in his decision to reform capital gains tax and negative gearing concessions. Mr Albanese said government's could not ignore voter frustrations driving more people towards populist parties. The government continues to defend its tax proposals, which will be scrutinised at a coming Senate...

Budget won't be to blame if house prices fall, housing minister says

Budget won't be to blame if house prices fall, housing minister says Sun 31 May 2026 at 10:52am In short: Clare O'Neil says suggestions the government's proposed tax changes could knock 10 per cent off the price of homes are overblown, and Treasury expects only a "mild" impact on price growth. The housing minister says if prices did fall sharply, it would not be due to the proposed changes to negative gearing and capital gains tax. The government is consulting on its proposed tax changes,...

Two questions still hang above the now decaying federal budget

analysis Is this the tax reform hill Albanese and Chalmers want to die on? Jun 2026 at 5:00am Two questions hang in the air above the now decaying federal budget, like condors waiting for carrion. First, why is Labor spending the political capital of a 50-seat majority on a minor change to capital gains tax on businesses?

ITR filing FY 2025-26: Top 10 points to check before submitting tax return

It is that time of the year again, when focus shifts to Income Tax Return(‘ITR’) filing. The tax filing deadline for the Financial Year (‘FY’) 2025–26 is approaching and taxpayers have commenced to gather documents like Form No. 16, other tax deduction statements, investment proofs, bank interest statements, capital gains reports, and other necessary financial information for preparing and filing their tax returns. Besides compliance, ITR also serves as a vital document frequently reviewed...

Tax cuts, easier bond rules on the cards: How India plans to attract more foreign investment

In a bid to stem foreign capital outflow amid the Middle East crisis, the government is looking to do away with capital gains tax on foreign portfolio investors' holdings in government securities. The move will be part of efforts to attract greater overseas investment. The government is looking to cushion the economy from the impact of the ongoing Iran conflict.

Fresh concerns emerge over impact of Labor's tax changes on medical tech

Medical technology sector raises fresh concerns with Labor’s capital gains tax overhaul Sat 6 Jun 2026 at 4:44am In short: Australia's medical technology sector says Labor's budget changes will make it harder for local startups to commercialise new products. Industry groups say planned changes to research and development tax incentives will specifically hurt the health sector where companies often take more than a decade to become profitable. What's next: Labor is pressing ahead with its...