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Indexation benefits: FM Sitharaman says you are missing the larger picture behind Budget's big tax change

By Economic Times - 4 months ago
Certain taxpayers are displeased with the Modi government's removal of indexation benefits on realty sales. Finance Minister Nirmala Sitharaman defended the decision, stating it simplifies taxation and offers a 12.5% LTCG rate without exemptions. While critics argue against it, the government believes the new regime benefits long-term property holders, enhancing market dynamics.

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