Property gross sales indexation change to profit taxpayers, not for income enhance: FinMin

Finance Ministry asserted on Wednesday that the Price range 2024 proposal to get rid of the indexation profit for property gross sales was not a “revenue-raising measure” and that the brand new capital good points tax regime won’t result in the next tax burden on actual property transactions. Quite the opposite, the brand new regime … Read more

Price range 2024: Will Authorities Capex Sluggish Down, Shoppers Get a Enhance and Traders, Some Tax Concessions ?

Decrease reliance on capex-driven progress  The interim Price range in early February introduced a ₹11-lakh-crore capex plan for FY24-25. To construct expectations on the capex entrance from the Modi authorities’s third time period, it’s price noting the tempo of capex within the final 5 years in comparison with the primary time period of this authorities. … Read more