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Indexation benefit removed: What is indexation benefit on selling property, how is it calculated, what has changed

By Economic Times - 4 months ago
In the past, people in India had the option to use 'indexation benefit' to reduce the tax on the profit made from selling a property. This benefit enabled the difference between the purchase and sale price of a property (i.e., the profit) to be modified by the current inflation rate during the time when the property was owned.

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