Budget Special

Budget & You: Which LTCG tax rate suits homesellers now?

Property owners now have two capital gains tax options: old (20 per cent tax with indexation) and new (12.5 per cent tax)

Old vs new: The better tax rate for homesellers?

It wasn't the televised budget speech that took our breath away. It was the fine print. And not in a good way. It stated that indexation benefits were a thing of the past for all asset classes, including real estate. The most surprising part was its retrospective applicability - regardless of when you bought property, if you sold it on or after July 23, 2024, there would be no indexation benefit. The move triggered a backl

This story is not available as it is from the Mutual Fund Insight September 2024 issue

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