Real Estate Changes In July 2024. This policy shift follows finance minister nirmala sitharaman's announcement on july 23, 2024, to reduce the ltcg tax rate from 20% to 12.5%, accompanied by the removal of the indexation benefit. Et, nar held a virtual economic and real estate summit that provided an outlook on the changing residential real estate market.


Real Estate Changes In July 2024

However, with the new tax rules, the government has removed the indexation benefit for properties purchased after july 23, 2024. To summarize the 2024 nar settlement, these are the biggest changes in july 2024.

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