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real estate tax changes India

Who can avail the indexation benefit in property sale and is it even worth it?
  • Personal Finance

Who can avail the indexation benefit in property sale and is it even worth it?

TheSpuzz Desk2 months ago012 mins

Source: Live Mint Following concerns that this could increase the tax liability for real estate investors, the government introduced a grandfathering clause to allow indexation on properties bought before 23 July 2024—the day the budget was presented. Under the clause, if the new 12.5% tax rate results in a higher liability than the previous 20%…

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