real estate news
Budget 2025: How a 15% Tax Rate on Affordable Housing Projects Can Benefit Real Estate Developers
The Confederation of Real Estate Developers' Associations of India (CREDAI) is advocating for a 15% income tax rate on affordable housing projects. This move is aimed at making it more financially viable for developers to undertake such projects.
Real Estate
Understanding the Democrats' Proposed Tax Provisions: A Financial and Real Estate Impact Analysis
The Democrats' proposed tax provisions could significantly impact financials and real estate. Key proposals include raising the corporate tax rate, increasing the stock buyback tax, and eliminating like-kind exchanges in real estate.
Real Estate Maharashtra
Real Estate Experts Hail Amendment to Finance Bill, Offering Flexibility in LTCG Tax Rates
Industry leaders welcome the amendment introduced by Finance Minister Nirmala Sitharaman, providing taxpayers with the option to choose between a 12.5% LTCG rate without indexation or a 20% rate with indexation for properties acquired before July 23, 2024
Real Estate Mumbai
No Property Tax Hike for Mumbaikars in 2024-25 as BMC Maintains Current Rates
Mumbai property owners will not face a tax hike this year as the BMC maintains current rates. This decision reflects the civic body's sensitivity to the financial burden on citizens, especially considering the economic impact of the pandemic.
Real Estate
Understanding the Impact of Capital Gains Tax Changes on Real Estate
The recent change in capital gains tax regime for real estate provides flexibility to property owners and ensures they are not adversely affected by the elimination of indexation benefits.
real estate news
Indian Real Estate Sector Faces Uncertainty with Removal of Indexation Benefits
The Indian real estate sector may experience a significant impact with the removal of indexation benefits announced in the Union Budget 2024, leading to increased tax burdens and potential market slowdowns.