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 ...

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 ...

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 ...

While equity and hybrid assets grew 1.8 times since November 2023, debt assets grew only 1.3 times. A combination of the 2023 ...

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 ...

Experts say the taxation is also critical for efficient price discovery and development of bond market development ...

More than 3 million Australians will see their student debt rise in line with inflation tomorrow, adding more than $1,000 to the average loan and sparking warnings of a lifelong impact on borrowing ...

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 ...

When you sell mutual fund units, you have to pay tax on the profit. This profit is known as capital gains and the tax paid on such profit is known as capital gains tax. For example, if you purchase ...