Capital Gains Tax on Sale of Property 🏠 Calculation - Budget 2024 Impact Without Indexation Benefit

How to calculate Capital Gains Tax on Sale of Property? Excel Calculator included. How will Short Term Capital Gains (STCG) Tax and Long Term Capital Gains (LTCG) Tax apply in New Tax Regime after Budget 2024? In this video, we will check in different cases whether new capital gains taxes on sale of immovable property are beneficial or not.

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How to calculate Capital Gains Tax?
Link to Calculator:
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About the Video
Budget 2024 has reduced the tax on long-term capital gains arising on the sale of immovable property from 20% to 12.5%, without indexation. In this video, we will explore the implications of the LTCG (Long-Term Capital Gains) tax changes, particularly focusing on the new tax rate, what are the types of capital gains, how to calculate tax on sale of immovable property and the impact of removing Indexation benefit.

We'll also explore the scenarios where property capital gains taxes can either be beneficial or lead to losses, we will end the debate by evaluating whether the new tax regime introduced in Budget 2024 is beneficial or not, providing clear examples to illustrate these points. Our detailed guide will explain property appreciation, the specific tax calculations for STCG (Short-Term Capital Gains) and LTCG (Long-Term Capital Gains) post-Budget 2024.

In this video, we will cover the following concepts:
• Capital gains tax on property
• Capital Gains Tax on sale of property
• Is new capital gains tax beneficial?
• Types of Capital Gains Tax
• Short Term Capital Gains Vs Long Term Capital Gains
• What are the types of capital gains?
• How to calculate tax on short term capital gains?
• How to calculate tax on long term capital gains?
• What is Indexation benefit?
• How to calculate tax on sale of property?
• What is property appreciation?
• Capital Gains tax in New Regime
• Old Tax Slabs Vs New Tax Slabs for Capital Gains on property
• STCG tax calculation after Budget 2024
• LTCG tax calculation after Budget 2024
• How to save taxes on capital gains?
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#capitalgainstaxonsaleofproperty #capitalgainstax2024 #Budget2024

[AssetYogi]

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[anirbankundu]

You makes every financial issue so simple. Thanks a lot.

[sharadchandragunjal]

Yes Sir. I want to see your next video. कमसे कम समयमें बात समाझानेका आपका तरीकां बहुतही अच्छा है सर| प्रेझेंटेशन तो बहुत ही लाजवाब रहता है|

[chetanphalak]

Most comprehensive video on the most debated topic after budget, thanks...
But I feel properties are rarely appreciated by 10% or greater,
Average amongst metro cities are around 8-9% over a long run

[Eaglesea]

सर,
आपने ही बहुत अच्छी तरह से समझा दिया.
बाकी सब ने कन्फ्युज किया था.
सर, अंडर कन्स्ट्रक्शन प्रॉपर्टी की परचेस इयर कौन सा समजे.
उदा.एग्रीमेंट और रजिस्ट्रेशन 2022 साल मे हुआ है पझेशन 2025 मे मिलने वाला है .

[sumar]

You always make best videos, hats off to you

[aadityadastane]

Hello, at 11.45 of your vedio you said stamp value or FMV whichever is lower must be considered as cost. Please ask your team to read the explanation to section 55, they have defined what is stamp duty value. The FMV if higher than stamp duty value, then FMV is eligible for cost and not the cost.
I am sure they have done their present interpretation from the articles in the newspaper on this topic...

[mohitshyamdasani]

Sir you are great....mujhe bhaut confusion tha about LTCG tax ...now clear all the doubts ...

Yes sir...we need a your valuable videos
Plz make a video on tax free topic😊

[ranjitw.]

So simple by having excel calculation representations.. Must recommended..

[abdulrafeykhan]

Sir namaskar. Aap ka explanation method outstanding hai. Sir please aap zarur capital gain tax kaise save kar sakte hai is par video zarur banaiyega. May God bless you always.

[sudarshanchanda]

Yes please make a video on saving tax on sell of property.

[pravinshevade]

Yes pls make video on setting up ltcg amount against new property purchase

[taranpreet]

Sir ..Good video but one question..Apne is video m yh to btaya tax calculation of old tax regime & New tax regime but ek video aur bnaiye jis m yh bhi btaiye ki agar dobara re investment karni ho dobara kisi property purchase karne k liye to konsi value li jayegi old regime wali or new regime wali isme bhot logo ko confusion h isko bhi clear kare apni video k madhyam Thanks

[kumarabhishek]

Great information as always, thanks for making such a detailed video to make easy to understand.
The caclulation sheet is protected and in order to edit the value such as CII, required password. Kindly share the same. Thanks

[himanshusingh]

Yes we need a proper video on Tax saving under NEW REGIME. Also if possible, please mention other deductions like 80c, home loan interest, medical insurance etc.
Awaiting your video😊

[aneksingh]

Please make video ...as always your videos are crisp and clear

[StockMarket-kz]

please make a tax-saving video. Additionally could you cover/answer the below questions as well-
If the property was bought via loan, and sold before the loan period was completed, is there any caveat in this case?
Should stamp duty, property taxes, khatha transfer etc be included as part of the cost?
Thanks!

[malaymukherjee]

Sir I need to ask if a property is bought before year 2000 then indexation is applicable or not as per new regime.

Also please make a video on how we can save tax on Capital Gain.

Thanks for this fruitful video….🙏

[narendrabisht]

Very well explained sir...best n most relevant video on this topic

[deepakpatel]

Simple and Superb Brother....Yes please make a video to save tax...Can you also consider Equity LTCG & STCG any Saving can be done...Humble Request