What is the main benefit of the LTCG Amendment for properties purchased before July 23, 2024?
The LTCG Amendment offers flexibility by allowing property owners who purchased properties before July 23, 2024, to choose between two tax calculation methods. They can opt for a lower tax rate of 12.5% without indexation or a higher rate if it exceeds 20% with indexation. This flexibility is designed to minimize tax liability and maintain fairness across different asset classes while addressing concerns related to the removal of indexation benefits. Properties bought on or after July 23, 2024, are not eligible for these indexation benefits.
Bhupendra Patel has taken oath as ____ Chief Minister of Gujarat?
As of 2023, how many passengers did Delhi's Indira Gandhi International Airport handle, making it one of the top 10 busiest airports in the world?
RBL Bank aims to grow its credit card portfolio by what percentage in 2024?
Which award did ProPublica win in the 2024 Pulitzer Prizes for Journalism?
India's first underwater metro expected to be ready by ______?
India and which country has signed a MoU of exhibition “Silver treasures from the country and India?
What is the primary focus of the China-Pakistan Economic Corridor (CPEC) project?
Which Indian bank raised ₹5,000 crore through long-term infrastructure bonds in 2024?
Which India e-learning startup have been featured in Time Magazine's 2021 list of 100 most influential companies?
Consider the following statements regarding Reserve Bank of India's bi-monthly Inflation Expectations Survey of Households (IESH) -
I.The Reserve...