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
Indian Army Chief visiting Nepal
Kathmandu, August 6: Indian Army Chief General Dhiraj Seth is scheduled to arrive in Nepal on August 16 for a five-day official visit. He will visit Nepal at the invitation of Chief of the Army Staff General Ashok Raj Sigdel. During the visit, President Ramch…
The News Flicker·August 6, 2026
India's big billion-dollar trade deals are done. Now comes the real test
India has spent years negotiating free trade agreements with some of the world's biggest economies. But signing the deals was only half the battle. The bigger challenge now is helping Indian businesses turn preferential market access into exports, investments…
The News Flicker·August 6, 2026
Employment anxiety: India needs jobs that offer a decent living wage and social security
The country's employment statistics show new jobs being created, but many were in agriculture—a reversal of the shift away from farms any emerging economy sees. Meanwhile, euphoria over India’s rapid economic growth has stoked aspirations.
The News Flicker·August 6, 2026