Why did realty stocks soar today? | Real estate and indexation benefit | Realty stocks| NIFTY Realty
In this video, we explore the sudden surge in realty stocks and what role did Govt’s u-turn on a key budgetary announcement played. Join us as we break down the details of the Long Term Capital Gains (LTCG) tax rate cut, the removal and restoration of indexation benefits, and what it all means for you as an investor.
*Key Points Covered:*
In budget 2024, the LTCG tax rate was reduced from 20% to 12.5%.
However, the indexation benefit, which allowed investors to adjust the purchase price based on inflation, was also removed.
We explain the concept of indexation and how it impacts your long-term capital gains and taxes.
With the reintroduction of indexation benefits, you now have two options if you purchased property before Budget 2024:
Pay 12.5% LTCG without indexation.
Pay 20% LTCG with indexation.
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#RealtyStocks #Budget2024 #LTCGTax #Indexation #StockMarket #RealEstate #Investing #TaxChanges #PropertyInvestment #Realestatestocks
