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Budget 2024: LTCG Reduction On Property Without Indexation Bad News For Sellers; Check Calculation | Real Estate News

Finance Minister Nirmala Sitharaman presented her 7th budget in which she announced some changes in the new tax slabs while the old remain untouched. FM Sitharaman also proposed a long-term capital gain tax rate of 12.5% on all financial and non-financial assets including properties. Listed financial assets held for more than a year will be […]
ABHISEK RAJPUT
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New LTCG Tax On Property Vs Old With Indexation: Which Is Better? Check Calculation Here | Personal Finance News

Responding to industry demands, the government proposed an amendment to the Finance Bill 2024 on Tuesday, two weeks after presenting the Union Budget 2023. This amendment allows taxpayers to choose between a 12.5% long-term capital gains (LTCG) tax rate without indexation or a 20% rate with indexation for properties acquired before July 23 this year. […]
ABHISEK RAJPUT
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Union Budget For Real Estate: From Stamp Duty To Rental Income To TDS, Check Announcements By FM Nirmala Sitharaman | Real Estate News

The real estate sector has been waiting for the industry status for a long and received disappointment this time as well. However, Union Finance Minister Nirmala Sitharaman proposed some measures which will help the real estate industry as well as the building material industry. Apart from these, the FM also made some announcements related to […]
ABHISEK RAJPUT
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