Indexation is a crucial tax mechanism in India that adjusts the purchase price of an asset for inflation when calculating long-term capital gains (LTCG) tax. This ensures that taxpayers are taxed ...

With the recent removal of the indexation benefitin Budget 2024, selling property purchased after 2001 will incur more long-term capital gains (LTCG) tax. However, property sellers can still avoid ...

One of the key asks of the asset management companies is reinstating the indexation benefits for LTCG on debt mutual funds. "Indexation adjusts gains for inflation, ensuring investors are taxed ...