Does the removal of indexation on real estate affect capital gains tax?

Yes, the removal of indexation on real estate, as per Budget 2024, eliminates the indexation benefit for property sales. This means investors will now pay higher capital gains tax on property sales, as the article notes Budget 2024 eliminates the indexation benefit for property sales.

NDTV Profit Interview: Deepak talks about removal of Indexation on Real Estate

As Budget2024 eliminates the indexation benefit for property sales, Capitalmind’s Deepak Shenoy talks about its impact on real estate.

24 Jul 2024CM Team1 min read

Quick Facts

Does the removal of indexation on real estate affect capital gains tax?: Yes, the removal of indexation on real estate, as per Budget 2024, eliminates the indexation benefit for property sales. This means investors will now pay higher capital gains tax on property sales, as the article notes Budget 2024 eliminates the indexation benefit for property sales.

NDTV Profit: As Budget 2024 eliminates the indexation benefit for property sales, Capitalmind’s Deepak Shenoy talks about its impact on real estate.

Tagged:Media NDTV Profit