przez Housiey » 1 sie 2024, o 14:18
The Finance Minister (FM) recently announced a significant change in the taxation policy related to property sales, specifically impacting the "
Indexation on Property Sales - Long Term Capital Gain Tax." The indexation benefits, which adjust the purchase price of an asset for inflation, will no longer apply to properties purchased after the year 2000. This means that only properties bought before 2000 will be eligible for indexation benefits, and there will be no further indexation advantage for properties acquired from 2001 onwards.
The Finance Minister (FM) recently announced a significant change in the taxation policy related to property sales, specifically impacting the "[url=https://housiey.com/blogs/understanding-the-removal-of-indexation-on-property-sales-ltcg-long-term-capital-gain-tax]Indexation on Property Sales - Long Term Capital Gain Tax.[/url]" The indexation benefits, which adjust the purchase price of an asset for inflation, will no longer apply to properties purchased after the year 2000. This means that only properties bought before 2000 will be eligible for indexation benefits, and there will be no further indexation advantage for properties acquired from 2001 onwards.
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