Tag: capital gains
taxpayers: Realty LTCG: Taxpayers get to choose regime
The Lok Sabha Wednesday passed the Finance Bill with amendments to long-term capital gains (LTCG) tax rules on property proposed in the budget. This allows…
Government may allow real estate indexation for transactions till July: Report
Aug 06, 2024 06:10 PM IST The government may allow real estate investors to continue using indexation for all transactions till July or give a…
India Inc calls for choice, exemption in LTCG tax reign
New Delhi:India Inc is requesting the government for a phased transition to the long term capital gains (LTCG) tax regime announced in the budget for…
Real estate indexation benefits: Indexation benefits: FM Sitharaman says you are missing the larger picture behind Budget’s big tax change
Certain section of taxpayers have expressed their displeasure over Narendra Modi government’s decision to remove indexation benefits on realty sales. However, Finance Minister Nirmala Sitharaman…
Foreign investors take out ₹10,000 crore from Indian stock market after Budget. Here’s why
Jul 26, 2024 10:14 AM IST As per stock exchange data, FPIs sold equities worth ₹2,975 crore on July 23, another ₹5,130 crore on July…
Union Budget 2024 reforms of the new tax regime may reduce tax burden and allow option to choose again
Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in the parliament on July 23, proposing new changes in the income tax slabs of the…
Budget 2024 could unify equity, debt long term capital gain tax, holding period
It is less than one month to go for the government to present the interim budget 2024 before the Lok Sabha elections later this year….
Income Tax Department: No proposal before govt for overhaul of capital gains tax, clarifies I-T dept
The Income Tax Department of India stated on Tuesday that there is currently no proposal before the government regarding the capital gains tax. “It is…
Income Tax revamp: Finmin sources call media reports ‘baseless’, say ‘no discussion on capital gains tax’ – The Economic Times Video
Clarifying news agencies’ reports, Fin Min sources tell ET NOW that there is no discussion on capital gains tax in Finance Ministry. ET NOW’s Managing…
Key amendments to the Finance Bill and their material impact
Lok Sabha has passed the finance bill with several amendments. Here are the key amendments made to the finance bill and its material impact. Debt…