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Big Change In Indexation After Budget: Government Offers Relief To Real Estate Sector | Paisa Live
The government has introduced a major change for real estate investors by reinstating the indexation option for property purchases. This update is significant for those who bought property before July 23, 2024. Indexation adjusts the property's cost to account for inflation, reducing the capital gains tax liability when the property is sold. This benefit can lead to substantial tax savings for investors and is intended to provide relief amid rising property prices. The move reflects the government's efforts to support the real estate sector and stimulate investment. For a thorough explanation of this new policy and its implications for property buyers, watch the video till the end.
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