News & Media 24th Jul 2024
Budget 2024: Indexation adjusts the purchase price of an asset for inflation, reducing taxable profits and tax liabilities. Finance Minister Nirmala Sitharaman announced major changes to capital gains taxation that particularly affect real estate transactions in the Union Budget 2024.
Koustav Das from India Today writes on, “Indexation benefits on property removed, sparks concern. What it means for you?” with expert comments from Mitesh Jain.
As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.