In scenarios where property prices have risen in the range of 1213% or more per year, investors stand to benefit handsomely from the new tax regime.
While the Income Tax Department claims a cut in longterm capital gains (LTCG) rate from 20% with indexation to 12.5% without indexation for real estate will benefit in almost all cases, Global brokerage firm CLSA said the impact of this new regime is likely to be negative for investors with a holding period of less than 5 years and where property price appreciation is moderate (less than 10% per annum).
Bu hikaye The New Indian Express dergisinin July 25, 2024 sayısından alınmıştır.
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Bu hikaye The New Indian Express dergisinin July 25, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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