Tax Major Amendment | Post Budget Change | Good News | CA Amit Mahajan

Champs,

The finance minister is expected to amend the finance bill to restore the indexation benefit for property acquired before 23 July 2024. This means taxpayers can choose between the new tax regime with a lower rate but no indexation, and the old regime with a higher rate but indexation benefits.

Please note that this amendment is NOT applicable for Sept / Nov / Dec 24 / Jan 25 attempt.

Please share this with all your friends and family members and make them aware about this recent change in Capital Gains.

Follow for more such content :)

Telegram Group - https://t.me/taxation0707 [Tax and Law Notes and Guidance - CA Amit Mahajan]

#budget #budget2024 #nirmalasitharaman #financebill2024 #narendramodi