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REAL ESTATE LTCG
Can I claim LTCG exemption in same year if I buy a property before selling existing one?ET Wealth Reader's Query: Will buying an apartment before selling the existing one still allow me to claim long-term capital gains exemptio...
International funds deliver up to 50% returns in a year, subscriptions halted. Should investors book profits or stay invested?International funds have delivered up to 50% returns in one year, supported by a global tech rally, rupee depreciation, and strong earnings...
No indexation for LTCG tax on property bought after July 23, 2024, is unfair; Will deter long term investment: ViewThe amendment tabled in the finance bill is a welcome move as it will provide an option to choose between LTCG tax of 20% with indexation o...
Without drastically raising taxes, govt has simplified taxation, benefiting middle class: Nirmala Sitharaman in Finance Bill replyEffective tax on annual income of Rs 15 lakh was reduced to 10% in 2023 and further reduced this year as well under new I-T regime, Sithara...
Indexation benefit may be a reality again! LTCG tax amendment proposal brings joy to real estate sectorReal estate industry leaders welcomed the amendment proposed by Finance Minister Nirmala Sitharaman in the Finance Bill, which aims to prov...
Real estate stocks rally on revision of LTCG rulesBuying action surged across nearly all real estate stocks, with the Nifty Realty index climbing approximately 1.5%, driven by gains in DLF,...
How removing indexation benefits for capital gains tax on property might impact the residential marketNon-resident Indian Ajay Kumar expressed concerns about the government's removal of indexation benefits on long-term capital gains tax for ...
No change in LTCG in medium term: Revenue secretary Sanjay MalhotraRevenue secretary Sanjay Malhotra said the government had studied 1.05 million returns for 2023-24 that showed capital gains from land and ...
I-T dept clarifies acquisition cost of real estate bought before 2001 for LTCG calculationsThe Indian Taxation Service (I-T) has announced that the cost of acquisition for real estate properties purchased before 2001 will be the f...
No rethink on real estate LTCG long tweaks: Govt SourcesAmid concerns over the removal of Indexation benefit on property sales for tax calculation, government sources today said that there will b...
Union Budget 2024: No inflation offset hurdle for real estate investorsFinance Minister Nirmala Sitharaman's budget proposal eliminates indexation benefits for calculating long-term capital gains tax (LTCG) on ...
Go long, go short, go pay more taxGAIN DRAIN Tax on long-term capital gains raised from 10% to 12.5%, while short-term capital gains up from 15% to 20%
Union Budget 2024: Indexation removal may offset lower LTCG tax benefits for property transactionsThe Union Budget for 2024-25 proposes to remove indexation benefits for property tax calculations post-2001. This change may offset the ben...
LTCG can be set off across assets: TribunalA tribunal has held that long-term capital gains (LTCG) from one asset class could be set off against another and such tax planning underta...
Long-term capital gains tax: Here’s all you need to knowThe Budget proposes that LTCG tax will have to be paid on profit booked after March 31.
Changes to long term capital gain provisions positive for real estate sectorThe impact on stock market is not that positive, because the government has imposed an additional condition for claiming tax free capital g...
Budget 2011: Extend a helping hand to the realty sector that employs many; says Prashant Solomon, MD, Chintels IndiaReal estate is plagued by being levied both sales tax and service tax. This anomaly should be abolished and a single tax should be levied i...