Parliament budget session: Today the Finance Bill will be presented in the Lok Sabha for passage. According to exclusive information received, the government announced removal of indexation on long-term capital gains tax in the budget, a major relaxation may be announced today. Today, capital gains tax can be relaxed. The Finance Bill will be tabled in the Lok Sabha today for passage.

Beggar Indexation Implementation date of LTCG tax may vary
The Finance Minister can introduce amendments in the Finance Bill. This amendment may provide relief in the changes made in long term gain tax. Date of implementation of beggar indexation LTCG tax may vary. According to sources, based on the feedback received from the industry, two options have been considered. According to sources, instead of 2001, a later date may be fixed. Or the new rule may come into effect from the next business year instead of July 23.

What is indexation benefit?
The Finance Minister can introduce amendments in the Finance Bill. This amendment may provide relief in the changes made in long term gain tax. Date of implementation of beggar indexation LTCG tax may vary.

The new rule may come into effect from the next business year instead of July 23
According to sources, based on the feedback received from the industry, two options have been considered. According to sources, instead of 2001, a later date may be fixed. Or the new rule may come into effect from the next business year instead of July 23.