Capital Gains Account Scheme (CGAS): How Does It Work And When Is It Used?
CGAS simplifies managing and deferring your capital gains tax through designated deposits.
CGAS simplifies managing and deferring your capital gains tax through designated deposits.
The tax incidence of Long-Term Capital Gain (LTCG) depends on factors such as the property’s capital appreciation during the holding period and the acquisition cost of the asset.
In Budget 2024, the government announced that it would take away the indexation benefit that was available earlier while calculating the long-term capital gain tax on assets like property and gold. Will withdrawal of indexation benefits result in an impact on your beneficiaries?
ADVERTISEMENT