LS passes Finance Bill, amends LTCG tax provision on real estate
The Free Press Journal|August 08, 2024
The Lok Sabha on Wednesday passed the Finance Bill 2024 after the government relaxed the just-introduced new capital gains tax on real estate, allowing taxpayers an option to switch to a new lower tax rate or stay with the old regime that had higher rate with indexation benefit.
LS passes Finance Bill, amends LTCG tax provision on real estate

Finance Minister Nirmala Sitharaman, who in her Budget for 2024-25 proposed to lower the long-term capital gains tax on real estate to 12.5 per cent from 20 per cent but without the indexation benefit, moved an amendment to the bill to give the option.

Indexation benefit allows taxpayers to arrive at the cost price of the property after adjusting for inflation.

هذه القصة مأخوذة من طبعة August 08, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 08, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE FREE PRESS JOURNAL مشاهدة الكل
The Free Press Journal

17 roads closed on 17 & 18, use only 'ring road'

In an attempt to manage crowds on Visarjan day, the Pune Police recently announced traffic changes and road closures that will be enforced in a phased manner starting at 7am on Tuesday.

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1 min  |
September 17, 2024
The Free Press Journal

Dagdusheth for early Visarjan

Continuing the decision taken last year, the Dagdusheth Halwai Ganapati of Pune will be participating in an immersion procession on Lakshmi Road at the early hour of 4pm this year too.

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1 min  |
September 17, 2024
The Free Press Journal

Husband kills himself

A fierce domestic quarrel between a Pune couple ended tragically with the husband driving off his home in a huff, sending his last location to his wife and then jumping into a river to his death, police said here on Monday.

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1 min  |
September 17, 2024
Uruli Kanchan shootout case: 5 booked, weapons recovered
The Free Press Journal

Uruli Kanchan shootout case: 5 booked, weapons recovered

The Pune Crime Branch has arrested Dasharath Vitthal Shitole alias Bapu along with his aides who tried to commit a murder by shooting in the Uruli Kanchan area Saturday, Sep 14.

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1 min  |
September 17, 2024
The Free Press Journal

Mayurpankh Rath for SBRGT visarjan

The Rath has been beautifully decorated with electric lights

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1 min  |
September 17, 2024
Pune Police deploy 7k personnel for visarjan
The Free Press Journal

Pune Police deploy 7k personnel for visarjan

GANPATI VISARJAN | The security arrangement will involve police personnel, SRPFs, RCPs, QRTs and home guards

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1 min  |
September 17, 2024
142 missing children reunited with parents
The Free Press Journal

142 missing children reunited with parents

Lakhs of people thronged the heart of Pune city to offer prayers and seek blessings from Lord Ganesha during the Ganeshotsav this year.

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1 min  |
September 17, 2024
The Free Press Journal

Dedicated units for women & children

Pune Rural Police is set to establish dedicated units at police stations to address complaints related to women and children to provide a safer and more comfortable environment for them to report crimes.

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1 min  |
September 17, 2024
The Free Press Journal

₹10L stolen from check-in bag on flight

Unidentified people stole Rs10 lakh from a passenger's checked-in bag on a MumbaiJaipur Air India Express flight last month.

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1 min  |
September 17, 2024
The Free Press Journal

Ex-wife files case against Badlapur accused

The woman filed a police case against her former husband for engaging in unnatural sex with her

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1 min  |
September 17, 2024