Impact of Removal of Indexation and LTCG 12.5% on Realty Investors [2024]
The removal of indexation benefits and introduction of a 12.5% LTCG tax rate for real estate has generated varied reactions among investors. This post examines how these changes affect tax liabilities, using practical examples to highlight the potential advantages and disadvantages for realty investors. The recent Union Budget brought two changes on how income from…