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Long Term Capital Gains News

Central Board Of Direct Taxes Releases Cost Inflation Index For FY 2023-24
The Income Tax Department has notified the Cost Inflation Index for current financial year beginning April 2023, which is used in computing long-term capital gains tax arising from sale of immovable property, securities and jewellery as per The Hindu report. {image-income-tax-department-18-1479408705-11-1515692318.jpg ...

Taxation on property sale transaction by NRIs in India
Early 2013 witnessed a spurt in property sale transaction by NRIs mainly on account of constant increase in property prices in Indian metro cities. Though the taxation in case of property sale transaction for both resident Indian and Non-resident Indian is ...
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