How the Budget affects your LTCG tax on immovable property
In the Union budget for 2024-25, among the 85 proposed amendments in the Finance (No. 2) Bill, 2024, the revision concerning the taxability of long-term capital gains (LTCG) from the sale of immovable property, effective 23 July 2024, has garnered significant attention. This piece deciphers the complexities of this critical budget amendment, offering practical calculations … Read more