Rediff - LTCG Tax Relief for Property Owners: Market Sentiment to Improve
Realtors body NAREDCO President G Hari Babu termed it as a balanced approach by the government.
"This decision is poised to bring significant relief to property owners and investors who were concerned about the removal of indexation benefits. By providing an option, the amendment addresses the needs of long-term investors who might have otherwise faced a disproportionate tax burden due to the withdrawal of indexation," he said.
