Long-term capital gain tax of 10% on shares; positive for Real Estate - Budget 2018-19, - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Thursday, February 01, 2018

Long-term capital gain tax of 10% on shares; positive for Real Estate - Budget 2018-19,


Long-term capital gain tax of 10% on shares; positive for Real Estate - Budget 2018-19

Mr. Manoj Paliwal, Chief Marketing Officer, Omkar Realtors and Developers Pvt Ltd

Understanding the government major focus on affordable housing to achieve the target of housing for all, the budget was largely inclined towards the same.
Rural infrastructure push will surely boost added housing in these areas resulting in employment generation.

Further, the introduction of a long-term capital gain tax of 10% on shares is a step towards creating a bit of level playing field these two assets classes i.e Real Estate and Stock market. This move is positive for Real Estate.

Long-term capital gain tax of 10% on shares; positive for Real Estate - Budget 2018-19, Reviewed by S. Chitra on February 01, 2018 Rating: 5 Long-term capital gain tax of 10% on shares; positive for Real Estate -  Budget 2018-19 Mr. Manoj Paliwal, Chief Marketing Officer, Om...

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