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What is the tax we need to pay if property is sold in India ?

By IndianMoney , 1 month ago

If you are selling the property after 2 years from the date of purchase, then capital gains are treated as Long term capital gains and are taxed at 20% after indexation. A cess of 4% will also be included. And if you are selling the property before 2 years from the date of purchase, then capital gains are treated as Short term capital gains and the investor is taxed according to his income tax slabs.

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