The financial year doesn't end for another two months, but there's a closer deadline many people with university debts are dreading: June 1. On June 1, all unpaid HECS/HELP debts will automatically ...
While equity and hybrid assets grew 1.8 times since November 2023, debt assets grew only 1.3 times. A combination of the 2023 ...
The Association of Mutual Funds in India (AMFI) has urged the government to restore the indexation benefit for debt mutual funds and extend the grandfathering provision for these benefits until July ...
HECS balances are set to rise again this year as indexation is expected to sit at 4.8 per cent. A modest decrease from last year’s eye-watering 7.1 per cent, the upcoming round of indexation on June 1 ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Katharine Beer is a writer, editor, and ...
A few months ago, the federal government announced it was dropping the indexation rate for tertiary education loans and retrospectively dropping the rate for the previous financial year. That means ...
Budget 2024 scrapped the indexation benefit—a provision that allowed adjusting prices for inflation—to make tax rates uniform across asset classes. For real estate, the tax on long-term capital gains ...
The government on Tuesday proposed reducing the long-term capital gains (LTCG) tax on immovable properties to 12.5 per cent from 20 per cent, but removed the indexation benefits to adjust for ...
Finance Minister Nirmala Sitharaman, in Budget 2024, announced the scrapping of indexation benefits on property sales, prompting real estate experts to call the move “negative” for the sector from an ...
The story so far: Finance Minister Nirmala Sitharaman’s announcement in the Union Budget about doing away with indexation for computing long-term capital gains (LTCG) tax has not drawn much enthusiasm ...
This paper presents a new global dataset on current practices for four budget items in terms of indexation to the price level and other nominal variables. Compiling data from documents of select ...
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