Finance Bill 2024: FM Sitharaman Proposes Amendments to LTCG Tax Provision on Immovable Properties
The Budget, presented on July 23, had proposed a lower 12.5 per cent rate of LTCG tax, down from 20 per cent, while doing away with the indexation benefit. Replying to a debate on the Finance Bill, Finance Minister Nirmala Sitharaman said the rollover benefit will be available to taxpayers who buy new immovable property … Read more
