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Indian Taxation

Budget 2024: CREDAI pushes for lower tax, shorter holding period for long-term capital gains

Budget 2024 Expectations: The real estate sector body added that there should also be a provision of a credit guarantee scheme for housing loans up to Rs 40 lakh and house improvement loans up to Rs 20 lakh. https://www.moneycontrol.com/news/business/real-estate/budget-2024-credai-pushes-for-lower-tax-shorter-holding-period-for-long-term-capital-gains-12093741.html

Understanding the tax implications on sale of property

When calculating capital gains on the sale of an immovable property, one crucial factor to consider is the cost of acquisition, which includes expenses of a capital nature incurred in connection with the purchase or completion of the property’s title https://www.moneycontrol.com/news/business/real-estate/understanding-the-tax-implications-on-sale-of-property-10885221.html