Finance Bill: Lok Sabha passes Finance Bill, amends LTCG tax provision on immovable properties
The Lok Sabha on Wednesday passed the Finance Bill 2024 after the central government relaxed the freshly-introduced new capital gains tax on real estate, allowing taxpayers an option to switch to a new lower tax rate or stay with the old regime that had higher rate with indexation benefit. Union Finance Minister Nirmala Sitharaman in … Read more