August 2024

In response to the growing demand for high-end housing in these emerging areas, Lodha, a name synonymous with luxury living, is broadening its premium residential portfolio Moving beyond the established locales of Malabar Hill and Worli Sea Face, Lodha is now introducing its esteemed offerings to the rapidly evolving New Mumbai-Palava-Kalyan region. This strategic expansion underscores Lodha’s...

The government has moved an amendment to the Finance Bill, 2024, to let taxpayers select either a 12.5% long-term capital gains tax rate without indexation or a 20% rate with indexation for property acquired before July 23. Finance Minister Nirmala Sitharaman, while presenting the Union budget 2024 last month, announced that the tax on LTCG had been slashed to 12.5% from 20%. However, the indexation...