The Haryana Cabinet on Saturday approved the revision of the Indexation mechanism for the calculation of External Development Charges (EDC) of various potential zones in the state.
Bangalore (Karnataka) [India], July 30: According to analyst at Brickwork Ratings, removal of indexation benefits announced in the Union Budget 2024 could significantly impact the Indian real estate sector, potentially increasing tax burdens and causing market slowdowns. The long-term outcom
Amid concerns over the removal of Indexation benefit on property sales for tax calculation, government sources today said that there will be no reconsideration on changes made to Long Term capital gain (LTCG) in the Union Budget
The real estate sector has cautioned the government that the proposal to remove indexation benefits for long-term capital gains in real estate will hurt the growth of the sector.