Budget 2024: With new tax rates, spike in property prices would lead to lower LTCG tax. This is how

Real estate transactions had enjoyed lower effective tax rates due to indexation benefits that adjusted for inflation before levies were made. With the union budget removing indexation benefits across asset classes, a higher appreciation in property prices would actually reduce the tax payout for real estate investors. If the returns are higher, the new long-term…

Read More
Back To Top