Capital gains tax changes in real estate: What’s the impact on your taxes after govt’s recent tweak

Capital gains tax changes in real estate: What’s the impact on your taxes after govt’s recent tweak

Long-term capital gains tax:  The Centre announced on Tuesday a significant decision that offers relief to homeowners regarding Long-Term Capital Gains (LTCG) tax on real estate. Homeowners will now given the option to choose between two tax rates: a 20% rate with the indexation benefit, or a 12.5% rate without indexation. This policy shift follows … Read more

Home loan interest rates cross 9%; here’s how you can reduce your EMI burden

Home loan interest rates cross 9%; here’s how you can reduce your EMI burden

When you buy a home, you think of securing a favourable interest rate. This matters not only for existing homeowners but also for new buyers. Recently, most financial institutions have seen a significant shift as home loan interest rates have surpassed the 9 percent mark. With the increase in interest rates, homeowners and buyers have … Read more