Majority Of Taxpayers To Have Substantial Tax Savings Due To Reduction Of LTCG On Real Estate. Says IT Department | Markets News
New Delhi: The Income Tax department on Wednesday said ‘substantial tax savings’ are expected for a vast majority of taxpayers because of reduction in the long-term capital gains tax (LTCG) rate in the real estate sector. The Budget has reduced tax rates on capital gains earned from sale of house properties held for long term, […]