Finance Amendment Bill To Be Presented Today: Relief On Property Sale Taxes Expected | ABP News

In response to investor concerns over tax changes in the budget, the government is preparing to provide significant relief. The proposed Finance Amendment Bill, 2024, set to be presented in the Lok Sabha on Tuesday, includes revisions to the originally announced budget changes affecting the real estate sector. Notably, the amendments will ensure that investors in the real estate sector continue to benefit from indexation on property sales. This revision addresses one of the main objections raised by stakeholders regarding the initial budget announcements. By making these adjustments, the government aims to alleviate investor apprehensions and provide continued support to the real estate sector, ensuring that the tax benefits initially promised are maintained.