Price range 2024: Elimination of indexation advantages on long-term capital features might hit property transactions

An disagreeable notice was struck within the Price range proposals with the removing of indexation advantages on long run capital features on property, whereas the tax fee on such features with out indexation is at 12.5 per cent Additionally learn: An enormous push for small and medium enterprises “This can severely impression property sellers and consequently the … Read more

Removing of indexation profit on property sale can be optimistic for longer holding durations, larger worth progress: CLSA

The removing of indexation profit in respect of capital beneficial properties on secondary sale of properties can be useful the place progress in property costs has surpassed inflation and risen at over 10 per cent, whereas will probably be detrimental for investments with shorter period. On Tuesday, the Price range, in an effort to make … Read more

Bonanza for start-ups, buyers – The Hindu BusinessLine

The federal government has lastly plugged this differential by making use of a uniform long-term capital features tax price of 12.5 per cent for resident and non-resident buyers, in addition to for listed and unlisted securities. BL Bengaluru Bureau Siddarth Pai, Founding Associate | CFO | ESG Officer, 3one4 Capital VIEWSROOM. The Indian start-up ecosystem … Read more