Absolute returns have to be nearly three times higher than inflation for 12.5% tax to be beneficial!

Budget 2024 has done away with indexation from all capital gains taxation. Two places where this will hurt the most are real estate sales and debt fund investments made before 1st April 2023. The older the investment, the more the impact. We had determined earlier the return necessary from real estate sales that would benefit...

The post Absolute returns have to be nearly three times higher than inflation for 12.5% tax to be beneficial! appeared first on freefincal.

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Published on July 27, 2024 21:30
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