Posted On : 14-Aug-2024
Reference : Economic Times
INDEXATION BENEFIT MAY BE A REALITY AGAIN! LTCG TAX AMENDMENT PROPOSAL BRINGS JOY TO REAL ESTATE SECTOR
Real estate industry leaders welcomed the amendment proposed by Finance Minister Nirmala Sitharaman in the Finance Bill, which aims to provide significant relief on capital gains tax in property transactions. They believe this change will stimulate investment in the real estate sector and boost sales across all housing segments.