Removal Of Indexation Raises LTCG Tax Manifold, What Should Your Strategy Be?

#realestate #budget2024 #nirmalasitharaman #indexation #tax
The real estate sector has garnered considerable focus in the Budget 2024 due to the various tax restructuring measures announced by the government, with a particular emphasis on affordable housing. Finance Minister Nirmala Sitharaman has introduced significant tax reforms aimed at simplifying the tax structure, reducing compliance burdens, and expanding the tax base, which are expected to have a direct and indirect impact on real estate transactions and growth in the current financial year. These reforms are designed to provide relief to salaried individuals under the new regime, as well as pensioners, while also prioritizing overall economic growth and employment opportunities. Catch Sakshi Batra in conversation with Chintan Vasani, Partner, Wisebiz Developers and G Hari Babu, National President, NARECDO decoding who will gain & who will lose now post this removal of Indexation in Real-Estate.

#investing #longterminvestment #governmentbudget #reforms #taxreforms #economy #growth
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