New Buyback Tax Law: A Nightmare for High-Income Investors?

New Buyback Tax Law: A Nightmare for High-Income Investors?

A recent tax law change is making share buybacks more expensive for investors. Effective October 1, 2024, the tax on share buybacks, previously paid by the company, will now be the responsibility of the shareholder. Key Changes and Their Impact Strategies to Reduce Your Tax Hit Since you can’t directly lower the tax on the … Read more

ITR FY24-25: Maximizing Your Foreign Tax Credit on Dividends

ITR FY24-25: Maximizing Your Foreign Tax Credit on Dividends

ITR Filing FY2024-25: Don’t Miss These Crucial Details on Investment Income The tax filing season for FY2024-25 (Assessment Year 2025-26) is underway, and with the deadline extended to September 15, 2025, for non-audited taxpayers, you have a bit more time to get things right. But don’t let that lull you into a false sense of … Read more