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The Concerns Around Budgetary Changes Made to Indexation and the LTCG Structure
4 months, 2 weeks ago

The Concerns Around Budgetary Changes Made to Indexation and the LTCG Structure

The Quint  

Long-term investors in debt mutual funds previously benefited from indexation, which, after holding the investment for five or six years, significantly reduced their tax liability on the modest returns of six to seven percent typically offered by these funds. The finance minister assured in the last Budget that existing holdings would be grandfathered, offering some protection to these conservative investors. …

Tax Investors
LTCG amendment: Experts cheer decision to restore indexation benefit for property. Why this govt move matters
4 months, 2 weeks ago

LTCG amendment: Experts cheer decision to restore indexation benefit for property. Why this govt move matters

Live Mint  

Land and building owners now have a reason to cheer. The government has proposed an amendment to the Finance Bill 2024 regarding long-term capital gains tax, thereby relieving property owners of the extra tax burden that would have arisen on account of the latest changes announced by Finance Minister Nirmala Sitharaman on July 23 in the Union Budget 2024. What …

Tax Property Capital Gains Tax 2024 Amendment Cent Benefit
FM Nirmala Sitharaman announces amendment to LTCG tax proposal, offers new options
4 months, 2 weeks ago

FM Nirmala Sitharaman announces amendment to LTCG tax proposal, offers new options

Hindustan Times  

Union finance Minister Nirmala Sitharaman on Wednesday announced that the contentious long-term capital gains tax proposal on real estate is being revised. The announcement came after the Budget 2024-25 plan to remove indexation benefits for long-term capital gains on property sales faced strong criticism from opposition parties and tax experts. The Budget presented on July 23 had proposed a reduced …

Finance Tax Budget Pay Capital Lok Sabha Pti
Relief for homeowners: Realty experts welcome Centre’s decision to ease long term capital gains tax for sale of property
4 months, 2 weeks ago

Relief for homeowners: Realty experts welcome Centre’s decision to ease long term capital gains tax for sale of property

Hindustan Times  

In a major relief to homeowners who bought properties before July 23, 2024, the government has proposed an amendment to the long-term capital gains tax giving them an option to choose between the lower tax rate of 12.5% without indexation or a higher rate of 20% with indexation of properties acquired before July this year. Real estate and tax experts …

Real Estate Properties Tax Property Sale Capital Gains Tax Relief
Centre to ease long term capital gains tax for sale of properties
4 months, 2 weeks ago

Centre to ease long term capital gains tax for sale of properties

Hindustan Times  

The Narendra Modi government is set to ease long-term capital gains tax for sale of properties proposed in the Union budget 2024, Reuters reported. The Narendra Modi government is set to ease long term capital gains tax for sale of properties proposed in the Union budget 2024 As per the report, in case of the transfer of a long-term capital …

Real Estate Properties Tax Union Capital 2024 Term
Budget 2024: Planning to sell a property bought after 2001? Here are 7 things that you should know
5 months ago

Budget 2024: Planning to sell a property bought after 2001? Here are 7 things that you should know

Hindustan Times  

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 23. Budget 2024. has reduced tax rates on capital gains earned from sale of house properties held for long term, but has removed the indexation benefit available to taxpayers. Watch: …

Real Estate Properties Tax Property Budget Sale Capital Gains Tax
Budget 2024: Capital gains taxes hiked, indexation benefit discontinued for property sale
5 months ago

Budget 2024: Capital gains taxes hiked, indexation benefit discontinued for property sale

Hindustan Times  

Finance Minister Nirmala Sitharaman on Tuesday announced an increase in both long-term and short-term capital gains tax. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} While the short-term capital gains tax has been increased from 15 per cent to 20 per cent, LTCG will be flat at 12.5 per cent. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} On the positive side, for the benefit of the lower …

Tax Budget Capital Gains Tax Capital Capital Gains Pti Sitharaman
Budget 2024: Capital gains taxes hiked, indexation benefit discontinued for property sale
5 months ago

Budget 2024: Capital gains taxes hiked, indexation benefit discontinued for property sale

Hindustan Times  

Finance Minister Nirmala Sitharaman on Tuesday announced an increase in both long-term and short-term capital gains tax. On the positive side, for the benefit of the lower and middle-income classes, Nirmala Sitharaman proposed to increase the limit of exemption of capital gains on certain listed financial assets from ₹1 lakh to ₹1.25 lakh per year. "Unlisted bonds and debentures, debt …

Tax Budget Capital Gains Tax Capital Capital Gains Pti Sitharaman
Enhancing Investor Returns: A Proposal to Revise Capital Gains Tax for Debt Mutual Funds
6 months, 2 weeks ago

Enhancing Investor Returns: A Proposal to Revise Capital Gains Tax for Debt Mutual Funds

Deccan Chronicle  

In recent years, the realm of investment has witnessed a surge in the popularity of debt mutual funds as a lucrative avenue for generating steady returns while managing risk. However, amidst the evolving landscape of taxation policies, there arises a pressing need to reevaluate the existing capital gains tax regime governing debt mutual funds. To address this, a proposed revision …

Tax Debt Capital Investors Funds Mutual Proposed
Government scraps long-term tax benefit for debt mutual funds investing less than 35% assets in equity
1 year, 9 months ago

Government scraps long-term tax benefit for debt mutual funds investing less than 35% assets in equity

The Hindu  

The government has scrapped the long-term capital gains treatment for income from debt mutual funds and other schemes that invest upto 35% in equity shares of domestic companies. “An arbitrage is being created right now where interest income from debt mutual funds is not distributed and converted into long term capital gains of 20%. “The amendment will treat gains from …

Tax Equity Term Funds Debt Mutual Funds Debt Mutual