Indexation benefit removed | Uncovering Capital Gain Tax Secrets

Indexation benefit removed | Uncovering Capital Gain Tax Secrets | Real Estate Tax Savings |

Рет қаралды 9,608

Күн бұрын

Пікірлер: 67

@venkataswamyrajagopal5170 5 ай бұрын

What is the govt role in selling and purchasing land and houses by the people, only some paper work which should be very easy in the digital age. Then why the abnormal taxes by the govt.

@rajeshwardoraisubramania7138 5 ай бұрын

It prevails all over the world even in developed countries.

@Kalai584 4 ай бұрын

It is not for the work government is doing. It is to generate income to the govt

@margaretjohn5590 5 ай бұрын

Superb .. scenario basic explanation is the correct way.Great job.

@SriGaneshIdols 2 ай бұрын

Good explanation..Very crisp and sufficient information

@nivasexcites 2 ай бұрын

Thank you

@MuthiahM-e9g Ай бұрын

Sir, your explanation is very satisfied.I would like to state that during this month I sold my property for 7130000. 1% tds on sale of property deducted and issued TDS certificate.I have purchased land on 1994 and then build house 1995 total amount to 8 lakhs . And during 2001 first floor was constructed and compound wall raised 4 sides total cost 1300000.Now I sold my property 7130000.Now I have to purchase house building. for 45lakhs. Can I eligible for getting 1% tds amount of 71300.kindly clarify on this matter.

@srm5909 2 ай бұрын

Bro Can we buy residential plot from the capital gain got through sale of residencial plot?. to avoid the capital gain tax? Please reply. Thanks.

@nivasexcites 2 ай бұрын

Yes. You can

@srm5909 2 ай бұрын

@nivasexcites Thankyou

@esenthilvelan 5 ай бұрын

Very well explained. Thank you sir

@nivasexcites 5 ай бұрын

Welcome sir

@tjdurga4642 5 ай бұрын

Detailed explanation. Thank u Sir.

@nivasexcites 5 ай бұрын

@@tjdurga4642 thank you for the appreciation

@karthikeyannc1987 5 ай бұрын

Last year i bought 4 plots and 10000sqft agricultural land sir if i sell one plot ( boight price24lacs) selling price 61 lacs also i am going to buy another plot above 61 lacs what will be the tax

@ArunKumar-me3cp 5 ай бұрын

Very clear .Thank you

@nivasexcites 5 ай бұрын

Welcome sir

@Jayavenkat Ай бұрын

Sir, Please post on selling rural agriculture land ... capital gain tax...

@dassmarium2443 5 ай бұрын

Well explain .

@nivasexcites 5 ай бұрын

Thank you

@thayumanavanganesan5313 5 ай бұрын

அருமையான விளக்கம். But, I have a doubt, what happened to the Direct Tax Code, which had been a talking point during UPA regime?

@nivasexcites 5 ай бұрын

@@thayumanavanganesan5313 that is what is happening now. They are trying to simplify taxes

@karthi221283 5 ай бұрын

if I had invested 10L and if the current sale price is 50L, should we invest 40L in capital gains bond or the entire 50L amount? is capital gains bond safe?

@nivasexcites 5 ай бұрын

@@karthi221283 40L in capital gain bonds. Or pay 12.5% tax and invest in mutual funds. Capital gain bonds are safe. But interest rate is only 5.25%

@dineshgangadharan8179 2 ай бұрын

What happens if we sell our property n share among the siblings... should we have to pay the tax? Example 35 Lakhs each

@nivasexcites 2 ай бұрын

Yes. Proportionately

@gopalaswamybalasubramaniam1435 8 күн бұрын

I purchased houses through NA Divine or Bashyam group They cheated nothing as per approved drawing no water or sewage clearance . Walked away over night . So purchase from any one other than Bashyam builders ..

@preethanarayanan7188 5 ай бұрын

Sir can we include our wood work and tiling change expenses in our cost of improvement

@nivasexcites 5 ай бұрын

Yes we can

@VelMurugan-cz4bx 5 ай бұрын

Thank you

@mag885 2 ай бұрын

Sir I bought land for 20 L BUT I HAVE REGISTERED THE DOCUMENT RATE FOR 15 L NOW IT IS SELLING AT 45L ON MARKET VALUE AS PER GOVERNMENT VALUE 20L can I deposit only 20 L will they ask to pay tax for government value

@AnuShri... 2 ай бұрын

Hi sir, property sale panna profit amount ah 2 years kulla another property purchase pannita tax pay panna vendiyathu illa la? Kindly reply please.

@nivasexcites 2 ай бұрын

@@AnuShri... yes. But it should be residential property. It's Allowed upto 2properties. If you already have 2residential property, you will not get tax benefit for 3rd property.

@AnuShri... 2 ай бұрын

@@nivasexcites Yes sir. Going to buy Residential plot only. Thank u So much for ur reply.

@janakiraman9810 5 ай бұрын

Good bro

@sundarrajan854 5 ай бұрын

Sir edu varai tax pay pannala...but ippo oru plot sales panna adula vara profit a old tax scheme la pay pannalama

@sundarrajan854 5 ай бұрын

Old tax regime apply pannalama

@nivasexcites 5 ай бұрын

No. New rules only will apply

@kannanlakshman1819 5 ай бұрын

Sir Purchase price & Stan duty while buying will get deducted net amount will be taxed How come you say 5 lakhs as tax

@nivasexcites 5 ай бұрын

@@kannanlakshman1819 when you sell you have you pay tax on profits

@MECSA 5 ай бұрын

Sir , request you to kindly reply to my query - I hv purchased an unapproved housing plot in 2013 for 7 lacs . - I will be selling it now for 30 lacs - with that money plus my savings I want to purchase another plot for 35 lacs - I’ll be constructing a house in the new plot 2-3 years later . - Right now I hv 2 Apartments in my name and out of which for 1 apt the property tax name is then the old owner still . I’ll be selling that apartment 2 years later and use that whole money constructing the house . Question Do I hv to pay tax after selling my land and buying another land ? Both lands are residential but not approved . I can apply and get approval. Kindly clarify . Thanks in advance 🙏

@nivasexcites 5 ай бұрын

@@MECSA only upto two residential houses, you can set off capital gains.

@BrillianceInColour 2 күн бұрын

Indexation is restored on August

@chandrasekarankrishnan7888 5 ай бұрын

Good video bro❤

@nivasexcites 5 ай бұрын

@@chandrasekarankrishnan7888 thank you bro

@shameem0369 5 ай бұрын

sir how about parents gifted property money to children

@nivasexcites 5 ай бұрын

Gifting is not taxed. When you sell you have to identify the fair market price in 2001. That will be considered as purchase price.

@shameem0369 5 ай бұрын

oh ok thanks the information

@shameem0369 5 ай бұрын

sir 1994 property gifted in 2006 how is this property I will be calculated for tax

@shameem0369 5 ай бұрын

sir 1994 property gifted in 2006 how this property will be calculated for tax

@mharibala 5 ай бұрын

Hi sir,i have selled a land on July 8 of 2024.The budget announced was on july 23. I want to know whether the LTCG will be of 20% with indexation or as per the new regime.Because all my documentation done before the revised tax announcement.Can u please help me in understanding this?