Tag: indexation

Inside Image (1).
Posted in Economy

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…

Continue Reading
Nirmala Sitharaman to move amendment for taxpayers to choose between 12.5% or 20% LTCG rate on property transactions
Posted in Economy

Nirmala Sitharaman to move amendment for taxpayers to choose between 12.5% or 20% LTCG rate on property transactions

Finance minister Nirmala Sitharaman on Wednesday will move amendments to the long-term capital gains tax provisions, proposed in the finance bill, for property including grandfathering…

Continue Reading
Compute tax either at 12.5% without indexation or 20% with indexation on realty transactions: Govt proposes amendment
Posted in Economy

Compute tax either at 12.5% without indexation or 20% with indexation on realty transactions: Govt proposes amendment

In a big relief to real estate industry, Finance Minister Nirmala Sitharaman will move an amendment in the Finance Bill to let taxpayers select either…

Continue Reading
Mumbai’s resale real estate market is expected to feel the pinch with Budget 2024-2025 doing away with the indexation benefit on long-term capital gains (LTCG) on sale of property. (Representational image/Mehul R Thakkar/HT)
Posted in Business

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…

Continue Reading
India Inc calls for choice, exemption in LTCG tax reign
Posted in Economy

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…

Continue Reading
Capital gains tax rejig aims at simpler regime, says revenue secretary Sanjay Malhotra
Posted in Economy

Capital gains tax rejig aims at simpler regime, says revenue secretary Sanjay Malhotra

Removal of indexation and introduction of lower capital gains tax rate is aimed at simplification, said revenue secretary Sanjay Malhotra. In an interview to Anuradha…

Continue Reading
Radhika Gupta said that before the Budget, mutual funds had different taxation categories as "some mutual funds were taxed as long term and short term."
Posted in Business

How do tax changes in budget impact your mutual funds investments? Radhika Gupta explains

Jul 23, 2024 07:23 PM IST Radhika Gupta explains simplified mutual fund taxation post Union Budget 2024 Radhika Gupta- Edelweiss MD and CEO- explained the…

Continue Reading