When you sell a property in India, the profit you make is classified as either short-term capital gain (STCG) or long-term capital gain (LTCG), depending on the holding period of the property. The tax treatment of these gains is significantly influenced by whether the sale happens under the new tax regime, which was introduced in the Union Budget 2024. Let's break this down with examples to help you...
Capital gains in India refer to the profit earned from the sale of a capital asset, such as property, stocks, or mutual funds. The taxation on capital gains is a critical aspect of financial planning for individuals and businesses. This blog delves into the different types of capital gains, tax implications, exemptions, and key considerations for managing capital gains in India. What are Capital...
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