You inherited a house and old shares; here's how to legally keep the taxman away when you sell
Most people who inherit property or equity shares don't realise they are sitting on significant tax-saving options. The Indian Income Tax Act has multiple legal provisions — and most heirs use none of them. You inherited a house and old shares — the taxman is…
The News Flicker
Most people who inherit property or equity shares don't realise they are sitting on significant tax-saving options. The Indian Income Tax Act has multiple legal provisions — and most heirs use none of them. You inherited a house and old shares — the taxman is…
Receiving an inherited house or equity shares does not attract any Capital Gains Tax, Gift Tax, or Inheritance Tax in India. The tax clock starts only when you decide to sell. This matters because it…
Originally published by Economictimes.com. Read the full article →
More from India
Sebi backs removal of LTCG tax for foreign investors: Report
To boost foreign investment interest, India's Securities and Exchange Board has put forth a proposal to scrap long-term capital gains tax for foreign investors and extend tax relief to mutual fund investors. This move is designed to counteract the high capita…
The News Flicker·November 2, 2026
India, EU discuss FTA implementation issues ahead of signing in December
India and the European Union have discussed implementation issues of the free trade agreement (FTA), which is scheduled for signing in December, an official statement said on Monday. The issues were discussed during the visit of Commerce Secretary Rajesh Agar…
The News Flicker·November 2, 2026
India news: Gandhi vows to step up pressure on Modi at protest rally
Rahul Gandhi said the removal of election chief Gyanesh Kumar will be the first step to getting the country on the right track. Follow DW for more. Thousands attended the Rahul Gandhi-led INDIA bloc's rally against top poll official Gyanesh Kumar Authorities …
The News Flicker·November 2, 2026