Relief For Home Buyers In Budget 2024: Modi Govt Makes Revisions In LTCG Indexation On Real Estate

In a massive relief for home buyers, the Modi government has amended the Long-Term Capital Gains (LTCG) regime for real estate, allowing taxpayers to choose between a lower tax rate of 12.5% without indexation or a higher rate of 20% with indexation for properties acquired before July 23, 2024. Watch full video.

#budget2024 #homebuyers #realestate #propertytax #modigovernment #nirmalasitharaman #timesnow
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[shashisharma]

They should remove GST on Life Insurance as well as Health Insurance.

[jojyfrancischirayath]

Middle class is very much crushed by BJP gov in all ways horrible

[itfysws]

The same Modi made the home buying tough earlier. Now he allows some name sake relief

[mosesraja]

Why is a person who didn't have the courage to face people through election is again and again being appointed as FM who just goes by theory but forgets the practicality she is not a student who is doing her summer project that her guide will do corrections in it where she is only impacted but budget involves everyone and finally everyone are affected by her immature budget which only causes headache and hardships for the common people...(don't know how she takes pride that she is the only person to present more than 6 budgets continously but of what use it is meant only to please her masters nothing for the people but mere oppression)

Well the BJP would say that Manmohan Singh from RS was nominated as PM but no fool will make such comparison without knowing the calibre and experience of Dr Singh who never made backdoor entry without achievements but he is a great Financial Expert, being Economic Adviser, Professor, Board of Governor in Foreign bank, Director and Governor of RBI, Deputy Chairman of Planning Commission Chairman UGC, , CEA to PM, Finance Minister etc...He was not given the PM post as a take away post his expertise buyed him the position but what about Nirmalaji what is her experience or achievements and inspite of India reeling under severe economic crisis due to inflation, huge price rise, Unemployment etc all through the foolish policies of BJP they don't understand why she is again and again being given the FM portfolio nor does she has any remorse of her failures which is why she is still continuing as FM without any sense

[sureshtangella]

Govt got scared with Bangladesh protests ..😂😂

[jothiramalingamjothi]

Who give this kind tax modi government are you mad godi media

[sandeepkumarkhuntia]

Actually the entire budget was prepared by officers and chartered accountants. Finance minister just read out the budget without much understanding of its implication.

When backlash from public emerges, the ministry try to understand it and then revise it.

Dumb minister with dumb PM.

[lakshmananrajjk]

TAX TAX TAX TAX TAX poor, low class, middle class etc.etc and huge amounts will generate automatically

[abhijitgupta]

Modi Govt thinks they are giving relief as if they are kings. The election result didn't reduce this guys haughtiness looks like. Nirmala S shouldn't have been made FM again.

[swapankrneogy]

It should be with 12.5% with indexation

[RAVIMN-dpgs]

Just fooling ... What is the effect...? It should be with Indexation 12. 5 % and w/o Indexation , it should be 7 % ...Then any one can say it is a relief.

[rcrvlogs]

Unemployment caused Bangladesh riots same situation will come to India

[Anonymety]

Great decision atleast to bring back indexation for home buyers

[shyammajumdar]

It would be a big relief, if the Modi govt could reduce unemployment, create more jobs, ... give the minimum price for agricultural goods, .... If the Govt stops wide spread corruption in education & money laundering within the Govt. Could stop rail accidents.... The list is long... In short this Modi govt should go.

[Rajaryane]

Stocks tax free होने चाहिए।
STT, GST, Stamp Duty uske बाद...
LTCG and STCG ।
Congress ke time LTCG 0 % था

[Public-dcrl]

Govt mints money only taxing and torturing middle class.

[cricketbeats]

LTCG and STCG on equity access class still unchanged 😢

[Prashyboby]

The thing that people are missing is it is still 12.5 without indexation from now on. So unless your property appreciated are more than 9% a year you will still end up paying more actually a lot more in future cos we are not going to grow at levels we have grown in the past

[samarth]

Pahle badhaa dete hai fir usko original position pe laate hai aur kah denge relief diya😂

[vipuljasani]

It is really bad. Removal indexation was an excellent step.
Very much disappointing roll back of removal of indexation 😢😢