To simplify the process, the FM has announced removal of indexation clause completely on real estate assets, and brought down the long-term capital gains tax (LTCG) rate to 12.5% from 20%.

On 17 December 2024, in a lawsuit brought by a tenant against his landlord for repayment of operating costs and rent ...

In an effort to simplify the tax process, the Finance Minister has eliminated the indexation clause for real estate assets and reduced the long-term capital gains tax (LTCG) rate from 20% to 12.5%.