#Budget 2024


 

Tax rules at every stage of homeownership: Buying, Owning, and Selling

Buying a home is an aspiration for so many people, representing both a financial commitment and a personal milestone. However, the journey from purchasing to owning and eventually selling a property comes with several tax implications that can often be overlooked. In this article, we’ll break down the key tax considerations at each stage—buying, owning, […]

Tax Partners, EY India
1
11 Oct 2024
 

New tax rules for NRIs starting FY25

The Finance Minister announced several changes in the 2024 Union Budget that are intended to streamline and rationalize certain aspects of taxation, along with improving the ease of doing business in India. Several of these measures apply to capital gains and income for all tax-filing entities and, hence, would apply to the 30 million+ NRIs […]

Co-founder & CEO, Belong - NRI Savings & Investments
9
25 Sep 2024
 

New tax rules on property sales in Budget 2024: Do you have to pay more or less tax now?

In the recent Budget 2024, one of the many proposals announced by Finance Minister Nirmala Sitharaman is the removal of the indexation benefit on long-term capital assets. Since real estate properties are big purchase items, these assets would be significantly impacted. The new rules will also be applicable even for purchases made earlier without any […]

Personal Finance, Varsity
0
26 Jul 2024