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2024

ET Interview: New capital gains regime to aid future home buyers, says CBDT chairman Ravi Agarwal

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CBDT Chairman Ravi Agarwal stated that recent tax changes will significantly benefit home buyers and investors. The new provisions, effective from the 2025-26 assessment year, lower capital gains tax on property sales held over two years to 12.5% from 20%, though without indexation benefits. This change is expected to be favorable compared to previous tax rates, according to Agarwal.



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