Budget 2024: Indexation Benefit On Property Scrapped, Indexation Move To Hurt Real Estate Sector?

The proposed budget for the year 2024 has brought about a significant change in the realm of property ownership. One of the key highlights is the elimination of the indexation benefit on property, which has sparked concerns about its potential impact on the real estate sector. Indexation benefit refers to the adjustment of the purchase price of an asset, such as a property, based on changes in the inflation rate over time. Watch Ashok Tyagi, Whole Time Director, DLF, Hemal Mehta, Partner, Deloitte India, Feroze Azeez, Deputy CEO, Anand Rathi Wealth Limited, Boman Rustom Irani, CMD,Keystone Realtors Limited (Rustomjee), on ET Now.

#etnow #businessnews #sharemarket #englishnews #unionbudget2024 #budget2024 #budgetverdict #realestate #realestatesector #indexation #tax
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