India makes u-turn on indexation benefits | World Business Watch | WION News

We focus on the rolls back of a property tax announcement in India's budget. Pressured by the real estate sector, the government reversed its decision on long-term capital gains tax on the sale of property. This next report gives the nuanced changes and what it means to you.


#india #propertytax #property

About Channel:

WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.

Connect with us on our social media handles:

Follow us on Google News for the latest updates

[padmaoruganti]

Health insurance premiums of 40 k atracrs 5k tax, shame !!

[sarithveena]

No benefits given in budget for middle class... They introduce things like this then reverse and does nothing with the slabs.... What a shame

[maveRickduh-rkio]

If inflation is irrelevant then why are they charging LTCG at all???

[gen-zmultibaggers]

Shame on Narendra modi.. 18% on health insurance..

[sanjaypatil]

Now what Words will the SHAMELESS Finance Minister use in Parliament cause when implementing what she was DOING without PLANNING

[honest]

The current FM should sit at tge feet of Chidambaram to learn how to being policy credibility

[venkynew]

Another middle class instrument is PPF..

[shajisn]

BJP Govt will be thrown away by the educated Middle Class. All the way youngesters were supporting this Govt and there will be a wave of backlash. Nirmala is saying let the rich like Ambani become richer and middle class also to be part of the poor and the disparity of income grown up like hell. To hell with her policies, govt banks are not giving any loans to the middle class and poor.

[ArunKumar-ybjn]

Reporting is generic, biased and no value add. Plus lack of detail on the provisions.

[mytubeoneone]

A Govt for Andhraites and Biharis. And their bridges are crashing.

[vichu]

So when you get pressure from real estate tycoon... Gjis happens... What about direct taxes, quite sad

[karthikeyansundarraj]

So if we protest without filling IT will they also revert all the tax?

[mayan]

put tax on muslims not us!!!
we voted for you!!!

[sajiseb]

No update on LTCG on mutual funds. Vasoolibhai & behan are trying to loot the middle class ruthlessly

[nvenkatareddy]

she got to do few more u turns to avoid 8.5 rector shock in 2029

[dannycbe]

Mutual funds sahi hai...my foot!
Now were to invest.
Buy property for speculation for two years...then pay only 12.5%...
Speculation pushes UP prices.

Keep for future..like 15 years...than the outflow is gigantic!...!

[mohanfna]

It's the tail that wags the dog in India

[maveRickduh-rkio]

We need a technocrat in the FM role loke jaishankar.

[mohan]

Finance Minister has still not graduated from JNU yet. She still exudes the socialist mindset. Need a more modern and urbane economist at helm who doesn't wave a red flag to taxpayers

[naveenr]

Payment for Andhra pradesh and bihar to buy the seat is being served by us along with interest
We lose 50% of our earning to stay in the same swamp