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07 Aug 2024

New LTCG Tax On Property Vs Old With Indexation: Which Is Better?

The new amendment in the property taxation allows taxpayers to choose between a 12.5% long-term capital gains (LTCG) tax rate without indexation or a 20% rate with indexation for properties acquired before July 23 this year.

30 Oct 2017

Realty investment in 6 top Indian cities register 100% growth: Report

The global property investment market saw volumes rise 4 percent year-on-year to USD 1.5 trillion in a one year period ending June 2017.

25 Jan 2017

Note ban will hit property sales by 20-30% this year: Fitch

Disruptions caused by demonetisation and the general caution on the part of buyers will hit property sales in India by at least 20-30 percent in 2017, Fitch Ratings said in its latest report.

23 Jan 2017

Housing sales may see 20-30% decline this year: Fitch

Residential property sales in India are expected to witness at least 20-30 percent dip in 2017 due to demonetisation impact, Fitch Ratings said today.

16 Sep 2014

Govt may form database on suppression of property sales amount

In an exercise aimed at checking blackmoney, economic intelligence agencies have started identifying instances where proceeds from property sale have been suppressed in a bid to defraud the government of revenue from stamp duty.

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