⚡️Budget 2024 has reduced the tax on long-term capital gains (LTCG) arising on the sale of immovable property from 20% to 12.5%. However, the indexation benefit available to taxpayers while determining the cost of acquisition has been withdrawn. One more aspect bothering property owners is the growing talks of discontinuance of inclusion of stamp duty and home loan interest in the acquisition cost of the property for computation of capital gain.

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