A Reality Check On The REAL Impact Of Indexation On Real Estate | Budget 2024 | Neil Borate Explains

Budget 2024: Many have been talking about the removal of indexation for real estate taxation in the union budget - and there has been a good amount of confusion over whether this is actually good or bad. But, there's both good and bad sides to it - you CAN actually gain even with the removal of indexation, but only under a specific condition. Watch to find out!
#property #realestate #budget

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[jessikapretty]

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[RationaleMedicine]

Isn’t the indexation was 4% every year; but the decrease in tax rate is from 20 to 12.5, which is a meagre 7.5% for entire holding period ( which could be any number of years); so no way decrease in tax rate is better than indexation; stop justifying, we are already pissed off bro

[naveenkumar_]

Good information…keep posting more videos. Thanks 👍🏼

[mehjbinpatni]

There is a possibility that the finance minister increase the tax percentage later like she did with other tax implications

[realtorrasheeddubai]

"Owning a home is a keystone of wealth, both financial affluence and emotional security." – Suze Orman

[abhilashkpillai]

Working very hard to justify the change. Is there an agenda behind this?

[dineshdevaki]

Where the hell house prices gain more than 10% ?

[herbs]

govt should have given both regimes to the tax payer. whatever was beneficial to the tax payer they could choose the section accordingly. If SITHARAMAN says that the change was made to benefit the middle class then dont you think we should have been given a choice of choosing Indexation +20%LTCG OR 12.5%LTCG+0 Indexation.

This new LTCG has been made to benefit select individuals their cronies who was to sell large properties that were acquired 2 years ago. black Money to white money at 12.5%. bargain tax deal. hence LTCG12.5%. its simple guys. no rocket science here. the rule will be changed or increased next year.

Regarding Property appreciation: Property price which are flats will rise 4x to 6x over a 20 years period. Thats the formula for majority of properties in non metro cities.

[terrancekumar]

Will there be indexation for a land bought in 1991 & has to be sold now for some urgent personal need ?

[kavitaredkar]

DEPRECIATION VALUE OF HOME / HOUSE DUE TO POLLUTION N HEAVY RAIN N EARTHQUAKE N SO ?

[sameertawde]

FM must be financial professional CA ICWA
team working for minister should be ex governor of RBI, deputy governor, One from IIM Bangalore,
If in 2014 Smriti Irani can be brought on minister pannel then why cant FM

[WalterWhite-ogwj]

Ironically, in more than 90% scenarios growth is lower than 10%