There’s been a significant development regarding the indexation benefit on Long-Term Capital Gains (LTCG) from the sale of properties. Key Points: Budget 2024 Proposal: Initially, the Finance Minister proposed reducing the LTCG tax on property to 12.5% from 20% while completely removing the indexation benefit. Public Outcry: This proposal faced strong opposition from … Continue reading “Latest Update on Indexation Benefit on LTCG”
August 10,2024