LTCG Tax Without Indexation: A Win for Real Estate Investors

26 Jul 2024 CW Team

The Chairman of the Central Board of Direct Taxes (CBDT) has affirmed that long-term capital gains (LTCG) transactions in real estate, conducted without indexation, offer substantial benefits to taxpayers. This stance is expected to simplify the tax process and potentially increase investment in the real estate sector.

The CBDT's endorsement highlights that the elimination of indexation adjustments for LTCG transactions makes tax calculations more straightforward and potentially less burdensome for investors. Indexation, which adjusts the purchase price of an asset for inflation, has been a complex and often confusing element in calculating capital gains. By removing this requirement, the process becomes more transparent and easier for taxpayers to manage.

Real estate investors stand to benefit from this change, as it reduces the complexity involved in calculating gains and simplifies compliance. The move aligns with the government's broader objective of streamlining tax regulations and making them more investor-friendly.

This development comes amid ongoing efforts to enhance the attractiveness of the Indian real estate market. By making tax calculations simpler and more predictable, the CBDT aims to encourage greater investment in real estate, supporting both the sector and the broader economy.

In summary, the CBDT's recent clarification on LTCG transactions without indexation is a positive step for real estate investors, potentially fostering increased investment and simplifying tax procedures.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..