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Selling a property? Here’s all you need to know about capital gains tax rules
Capital gains tax rules on Property changed from July 23, 2024. Long-term gains now face a 12.5% tax without indexation, a shift from the previous 20% with indexation. However, those who bought property before this date can choose the old or new system. Exemptions under Sections 54, 54F, and 54EC remain available.
Found your dream home? Here’s how to check if it fits your budget
Buying a home requires careful financial planning beyond just the property price. EMI calculator tools, like those provided by SBI and HDFC, are crucial for assessing affordability. They consider your income, existing loans, and desired loan terms to estimate monthly payments and borrowing capacity, ensuring a smart financial decision and preventing overborrowing.
Gas Prices Rise as Summer Holiday Travel Begins
Memorial Day weekend is expected to kick off one of the busiest summer travel season in years, with millions of Americans hitting the roads and airports despite rising costs. GasBuddy's Head of Petroleum Analysis Patrick De Hahn and The Points Guy Managing Editor Clint Henderson joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss the climbing gas prices, expensive airfare and what travelers can expect this summer. (Source: Bloomberg)
Should You Lend Money to Friends? More People Are Open to the Arrangement.
Friendship and money don’t always mix. But many Americans feel comfortable discussing financial issues with their friends and lending them money.
Government spends 25 times more on benefits than jobs for young people, says Milburn
Government spends 25 times more on benefits than jobs for young people, says Milburn5 minutes agoShareSaveAdd as preferred on GoogleLaura KuenssbergPolitical editorWelfare system 'shameful' for young people out of work - Alan MilburnThe government spends 25 times as much on benefits for young people than it does on supporting them into work, the author of a major review into youth inactivity has said.Former minister Alan Milburn told the BBC that this was "shameful" and with nearly a million you...
Washington business owner says crime, soaring costs forced him to rent out home, bathe with bucket
A Washington manufacturing owner says soaring costs and rising crime have forced him to live inside his factory, bathe using a bucket and rent out his home as he prepares to move his family’s 48-year-old business out of state."The cost of living is so expensive, I've actually moved out of my primary residence and have renters living in there to help me cover the cost of living," Jon Bodwell, whose family founded Delta Camshaft in 1977, told Fox News Digital in an interview. "My day-to-day living...
Why Is SpaceX Launching History’s Biggest Rocket During A Fuel Crisis?
InnovationScienceWhy Is SpaceX Launching History’s Biggest Rocket During A Fuel Crisis?ByJamie Carter,Senior Contributor.Forbes contributors publish independent expert analyses and insights. An award-winning reporter writing about stargazing and the night sky.Follow AuthorMay 23, 2026, 07:46am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.The SpaceX Starship rocket launches from Starbase, Texas, as seen from South Padre...
The big AI shock: Have Indian IT sector stocks lost their lustre?
In fact, IT has been the worst-performing major sector in the Indian market over the past 12-18 months. In May, 2026, the Nifty IT index touched a near 3-year low, losing more than a fourth of its value since the start of the year.
Major cruise company cancels rock-bottom fares after massive website pricing glitch
Carnival Cruise Line is facing some consumer dismay, even disbelief, after the company canceled a wave of cruise reservations tied to a website glitch that briefly displayed dramatically reduced fares on several sailings.The issue reportedly occurred following a planned IT maintenance project that disrupted parts of the cruise line’s booking system."After the site maintenance on Saturday, I was able to book a solo balcony on a 6-day cruise for $300 yesterday. … Hoping Carnival will honor the pri...
Fraudsters abused Biden's lax policies to steal billions, financial watchdog claims
As pervasive fraud schemes continue to sweep across the U.S., a group that seeks to preserve economic freedoms at the state level says that former President Joe Biden's policies were a main driver for the proliferation of the issue.OJ Oleka, CEO of the State Financial Officers Foundation, said "relaxed controls" during the last administration opened the door to widespread fraud and misuse of taxpayer dollars. And state treasurers are now leading the fight to strengthen oversight and reclaim fund...
Even if the Iran war ended today, US fuel prices aren’t likely to normalize this year
Prewar US gas prices averaged about $3 a gallon nationally – kiss that number goodbye for 2026Sorry, US drivers, but don’t expect pump prices to return to prewar levels any time soon, even if the US and Iran agree to a lasting peace deal tomorrow.As the war with Iran enters its third month, drivers have become infuriated by rising gas prices – and inflation – and Donald Trump is facing a historic backlash in the polls. The president promised recently that relief will be swift once the war ends....
Gas prices threaten Memorial Day road trips as pump costs hit historic highs
Americans traveling this Memorial Day weekend will face some of the highest gas prices in history.Despite the soaring costs due to the ongoing conflict in Iran causing shipping bottlenecks and blockades, AAA expects more than 39 million people to hit the roads over the holiday weekend.Meanwhile, the White House has attempted to build rapport with Americans ahead of the 2026 midterms by rolling out a series of extraordinary measures aimed at easing pain at the pump amid an economic squeeze causin...
Fernandes named Premier League player of season
Fernandes named Premier League player of seasonImage source, Getty ImagesImage caption, Bruno Fernandes has been Manchester United captain for three seasonsByTom MallowsBBC Sport Senior journalistPublished5 minutes ago3 CommentsManchester United captain Bruno Fernandes has been named Premier League player of the season.The Portugal midfielder was also named Football Writers' Association men's Player of the Year this month.Fernandes equalled the record for assists in a Premier League season when...
Feature: Swipe, scroll, repeat - How algorithms are shaping young minds
Social media's pervasive influence is reshaping childhood, impacting attention spans, emotional regulation, and self-esteem among Indian youth. Experts and parents highlight concerns over digital addiction, cyberbullying, and the erosion of real-world interactions. While acknowledging its benefits, the article stresses the need for balanced, mindful usage and open communication to navigate this digital landscape.
Temperatures are rising - and so are ice cream prices
Temperatures are rising across the country, and so is the price of ice cream - but by how much?
Brewdog founder to give shares in new beer brand to old investors
Brewdog founder to give shares in new beer brand to old investors15 minutes agoShareSaveAdd as preferred on GooglePA MediaJames Watt was 24 when he co-founded Brewdog in 2007One of the founders of Brewdog has announced plans to launch a new beer brand, promising free shares to people who lost money in his original venture.James Watt co‑founded the craft beer company with Martin Dickie in 2007. At its peak, Brewdog had four breweries, around 100 pubs worldwide, and a valuation exceeding $1bn.Howe...
Death And Taxes: Forbes’ Practical Guide For Families
Daily CoverDeath And Taxes: Forbes’ Practical Guide For FamiliesC.J. Burton/Getty ImagesByKelly Phillips Erb,Senior Writer. Kelly Phillips Erb is a Forbes senior writer who covers tax.Follow AuthorMay 23, 2026, 06:30am EDTAdvice for survivors on everything from state inheritance and estate taxes to inherited IRAs to sorting through a lifetime of possessions and papers. Plus, sparing your own heirs.@font-face{font-family: "Highlander"; src: url("https://i.forbesimg.com/assets/fonts/highlander/hig...
Assam Officer Caught Taking Bribe To Allow Inter-Religious Land Transfer
According to vigilance officials, the accused officer allegedly demanded Rs 1 lakh from an individual in connection with the issuance of a no-objection certificate (NOC) for an inter-religious land transfer case
Martin Lewis advice helps couple uncover huge energy overpayment: 'We got a £4,000 refund!'
Martin Lewis has urged households to check their energy account balances after a couple secured a £4,000 refund when they discovered they had been overpaying their supplier for years.Jill and Brian said they were shocked to learn thousands of pounds had built up unused in credit on their energy account over a three-year period.The advice was highlighted during the final episode of The Martin Lewis Money Show Live, where Mr Lewis encouraged bill payers to review their balances ahead of expected i...
Summer electric bills sizzle as the cost of cooling climbs
The temperature is climbing, and so are people's utility bills. Rising electricity prices and hotter-than-usual weather could make it especially costly to stay cool this summer.(Image credit: Brandon Bell)