Ltcg Tax

Property sales by NRIs: Experts explain tax rules & life without indexation

New tax rules mean steeper bills and bigger TDS for NRIs selling property. Experts break down what's changed and how to plan smarter.

IREDA bonds get tax-exempt status, helping investors save on capital gains

Exemption to IREDA bonds redeemable after five years and issued on or after July 9

New cost inflation hike by CBDT brings relief for property sellers: Experts

'The higher cost inflation index helps cushion sellers from rising prices, lowering their taxable gains,' say experts, making long-term property sales more tax-friendly.

Draft Income tax Bill, 2025: LLPs likely to retain LTCG benefits

Govt likely to fix key omission regarding AMT

Do foreign investors really not pay capital gains tax elsewhere?

A recent statement that has dominated the discourse around foreign investor outflows from the Indian stock market has been about India's capital gains tax being the root cause driving investors away.

These rule changes will impact how you file Income Tax returns in 2025

July 2024 steps will shape tax deductions and exemptions that can be claimed when filing an Income Tax Return (ITR) in July 2025

Shorter LTCG holding period seen boosting gold exchange traded-fund inflows

Strong outlook for gold, absence of SGB issuances also among factors

Gold ETFs ride the updraft: Tax shifts flip the switch on record inflows

LTCG tax perks and bond drought create perfect storm

We have courage to change: FM Nirmala Sitharaman on LTCG amendment

The original LTCG regime proposed on July 23 Budget, removed the indexation benefit, sparking concerns over real estate transactions

LTCG tweaks will drive investment & boost sales, say industry experts

In Budget 2024, FM Sitharaman proposed an overhaul in the capital gains tax regime, including lowering the LTCG tax to 12.5% from 20%

FM proposes amendments to LTCG tax provision on immovable properties

Finance Minister Nirmala Sitharaman on Wednesday said the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two. Replying to a debate on the Finance Bill, Finance Minister Nirmala Sitharaman said the rollover benefit will be available to taxpayers who buy new immovable property utilising the capital gains on the sale of old property. The Budget 2024-25 proposal to remove indexation benefit in calculation of long term capital gains on sale of immovable properties evoked sharp criticism from various corners, including opposition parties and tax professionals. The Budget, presented on July 23, had proposed a lower 12.5 per cent rate of LTCG tax, down from 20 per cent, while doing away with the indexation benefit. The major amendment in the Bill relates to restoration of indexation benefit on sale of properties bought prior to July 23, .

Big relief for homebuyers, govt revises LTCG indexation benefit

On August 6, the Centre announced a provision that offers flexibility to home buyers regarding the LTCG rates. Watch the video to find out how.

Relief for homeowners: Govt allows flexibility in LTCG tax calculation

Effectively gives grandfathering provision for property transactions before July 23

Relief for homeowners likely as finance ministry may modify LTCG regime

FinMin reviews new LTCG regime after 12.5% tax without indexation sparks concerns over property transactions

Indexation benefit removed for real estate: How does it affect you?

The Union Budget made significant changes to the long-term capital gains tax on the sale of property. Though it simplified the tax rates, it removed the indexation benefit too.

Capital gains tax, valuation woes: No stopping the mid, smallcap bulls

From the July 23 Budget 2024-day low, the midcap and the smallcap indices on the BSE have seen a surge of over 6 per cent and 7 per cent respectively

Budget 2024: Proposed LTCG tax changes on property sales explained

Holding period, quantum of gain to decide if new norms are beneficial

I-T dept says changes in capital gains tax to promote ease of compliance

The income tax department on Wednesday issued a FAQ on changes in the capital gains tax saying the idea behind it was to simplify the tax structure and promote ease of compliance. The holding period for various asset classes for the purpose of short- and long-term capital gains tax has been rationalised. The holding period of all listed assets will be now one year for the purpose of long-term capital gains tax (LTCG). Therefore, for listed units of business trusts (ReITs, InVITs) holding period is reduced from 36 months to 12 months. The holding period of gold, unlisted securities (other than unlisted shares) is also reduced from 36 months to 24 months for calculating LTCG. The holding period of immovable property and unlisted shares remains the same as earlier i.e. 24 months. "Simplification of any tax structure has benefits of ease of compliance viz computation, filing, maintenance of records. This also removes the differential rates for various classes of assets," the income tax

Budget 2024 is growth oriented, addresses right sectors: Vikas Khemani

Union Budget 2024 analysis: The government has laid out a clear vision for 'Viksit Bharat' by addressing key areas - agricultural reforms, manufacturing push and employment generation among others

Budget 2024: FM hikes taxes on equity trading; STCG, LTCG, STT raised

To mitigate the blow from the increased taxes, the amount exempted from the LTCG on listed securities has been increased to Rs 125,000 a year from the earlier limit of Rs 100,000