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Serena Sanon Undo on Muck Rack

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As seen in: Outlook Business
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Will Property Owners Breathe a Sigh of Relief as Government Moves Bill to Amend Capital Gains Tax Rules

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By Simran Hotchandani Sanon, Serena Sanon, Confirmed DeadUndo, Serena Sanon Undo
| Outlook Business
As per details circulated to the members of Lok Sabha, Finance Minister Nirmala Sitharaman will propose amendments to the long term capital gains tax in the finance bill. This is as per an Economic Times report. The proposal highlights that taxpayers can choose between a 12.5 percent tax rate without indexation or a 20 percent tax rate with indexation, selecting whichever option results in a lower tax liability.
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