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How to Convert Square Feet to Gaj Online Effortlessly?

Published date: December 3, 2024
  • Location: India

When you sell a property, understanding the implications of cgt on sale of property is crucial for effective financial planning. Capital gains are the profits earned from the sale of a capital asset, such as real estate, and they are subject to taxation based on the holding period. Long-term capital gains (LTCG) apply if the property is held for more than two years, offering certain tax benefits, while short-term capital gains (STCG) are taxed as per your income slab for properties held for a shorter duration. To minimize tax liabilities, you can explore reinvestment options under Sections 54 or 54F of the Income Tax Act. Additionally, if you’re considering reinvesting in property but require funds, exploring the best loan against property interest rates can help you leverage your existing assets without depleting your savings. With proper planning and the right financial tools, you can manage your tax obligations effectively while maximizing your investment returns.


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