November 22, 2024
Fixed Assets

Capital gains tax framework completely overhauled: Changes that can hurt you, measures that can lower your tax

The Union Budget 2024-25 has completely overhauled the capital gains tax framework. Some measures may hurt badly. Homeowners will no longer get the indexation benefit on sale of property, while gains on sale of stocks and equity funds will now attract a higher tax. However, the Budget offers some sops as well. The exemption limit

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