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 Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..