long-term property gains

Two bills that would impact the country’s real estate are the Real Estate Regulatory Bill and the Land Acquisition Act. While both bills had been put forward during the previous government, the present government plans to make a few key changes in order to speed up important projects and give a boost to real estate. […]

It is really possible to save substantial amount of Income-tax on your long-term capital gains arising out of selling your immovable property if you take advantage of the Cost Inflation Index concept which, however, is applicable only in respect of long-term capital gains. Only when you hold your property for more than 36 months and […]