Budget 2024 Navigator | Decoding Union Budget 2024: Personal Finance | N18V | CNBC TV18

• by: @stockmarkettipsbykarankapa5172
• 2 months ago

It should be grandfathered till 2024 and at least 1 property should be given indexation benefits.
Else,
Everyone who bought flat in 2001, 2002, 2003 & 2004 etc feeling that their money saving capital will be safe, feels betrayed by the retrospective taxation as Indexation Benefits are gone which buyers in, say, 2004 felt will stay forever or atleast get grandfathered 😊 at the time of making a flat buying decision in 2001-2004 etc period post which the property prices appreciated significantly. This should be vehemently opposed as it pinches common people. Mostly, now nobody will be an investor in real estate second homes due to such tax hurdles.