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New tax proposal without indexation for real estate is beneficial in most cases: I-T Department
The budget 2024-25 has proposed a flat capital gain tax of 12.5 per cent on capital appreciation on selling property instead of a 20 per cent tax on capital appreciation with indexation benefits.
The budget 2024-25 has proposed a flat capital gain tax of 12.5 per cent on capital appreciation on selling property instead of a 20 per cent tax on capital appreciation with indexation benefits.
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