Saturday, June 22, 2024

Income tax saving: Sold land, house or jewellery? Know how indexation benefit can help you lower your long-term capital gains

Capital gains taxation: You can save your net capital gains tax outgo by using indexation benefits allowed by income tax laws. File ITR now and pay a lower amount of capital gains tax. However do note only long term capital gains are eligible for indexation. Short term capital gains are not eligible for indexation.

from Tax-Wealth-Economic Times https://ift.tt/BZyCJpk

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