Finance Bill cleared in Lok Sabha with capital gains tax relief on property sales

While seeking to remove the indexation benefit when the budget was presented last month—an exercise in simplification of the capital gains tax structure—the government had proposed to lower the tax rate on such property transactions.

from mint - politics While seeking to remove the indexation benefit when the budget was presented last month—an exercise in simplification of the capital gains tax structure—the government had proposed to lower the tax rate on such property transactions.