If you bought a property in or after 2001 and plan to sell it now, you may find yourself paying more tax, especially after the new proposals introduced on July …
Budget Real Estate Sector
-
Real Estate
-
Real Estate
Govt brings parity between listed equity & units of REITs, InvITs to calculate LTCG
by Adminby AdminThe government on July 23 brought units of listed business trusts — REITs and InvITs — at par with listed equity shares while calculating long-term capital gain tax, a move …
-
Real Estate
Budget FY25: Govt to facilitate rental housing for industrial workers, encourage states to moderate stamp duty rates
by Adminby AdminAmongst a host of measures to boost the real estate sector in India, Union Finance Minister Nirmala Sitharaman on July 23 announced the governmentโs plans to encourage states to moderate …
-
Real Estate
Budget 2024 plugs rental income loophole, property owners cannot declare house rental income as business income
by Adminby AdminIf you are planning to save tax on the rental income that you receive from another property you may have invested in, you cannot declare it as business income. With …
-
Real Estate
Budget 2024: Removal of indexation benefit may lead to higher tax burden on real estate sales, say experts
by Adminby AdminFinance Minister Nirmala Sitharaman on July 23 announced an increase in both long-term and short-term capital gains tax. The government has also proposed to do away with the indexation benefit …
-
Real Estate
Budget 2024: Focus on digitisation of land records, Urban development gets a leg up
by Adminby AdminUrban development is one of the nine priorities outlined by the Finance Minister Nirmala Sitharaman in her speech on July 23. The support extended to affordable housing is expected to …
-
Real Estate
Budget 2024: 5 Things the real estate sector looks forward to from the finance minister
by Adminby AdminBudget 2024 will be presented by Finance Minister Nirmala Sitharaman today and the real estate sector hopes that the government will focus on affordable and middle income housing in the …