Indian property owners selling real estate acquired before July 23, 2024, now have a choice regarding capital gains tax. They can opt for a 20% tax with indexation, adjusting for inflation, or a 12.5% tax without it. Indexation isn't always beneficial; it depends on the property's acquisition year, sale year, and prevailing tax rates. Read below to know the calculations.
from Tax-Wealth-Economic Times https://ift.tt/HdM9IzJ
No comments:
Post a Comment