Tag: capital gains tax

Government blinks on capital gains tax on real estate

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Finance Minister Nirmala Sitharaman in the Lok Sabha on August 6, 2024. | Photo Credit: PTI Facing a backlash over changes to the long-term capital gains tax regime announced in the Budget, including critiques from MPs within the NDA coalition, the government has relented to grant some relief for property transactions. Finance Minister Nirmala Sitharaman…

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Govt mopped up ₹98,681 crore from taxing LTCG in listed equities in FY23

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Union Finance Minister Nirmala Sitharaman with her deputy Pankaj Chaudhary at the Parliament as she arrives to present the Union Budget 2024-25, in New Delhi on July 23, 2024. | Photo Credit: ANI The government has garnered ₹98,681 crore from long term capital gains tax on listed equities in 2022-23, a 15% growth over the…

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