The Finance (No. 2) Act, 2024 changed how long-term capital gains (LTCG) on land and buildings are taxed in India, effective 23 July 2024. For certain property transactions, transitional (grandfathering) provisions may allow tax to be computed using an older method involving indexation, instead of the new flat rate. Many sellers assume this is a……

Section 194IB of the Income Tax Act: Complete Guide to TDS on Rent for FY 2025-26 Last Updated: June 2026 Paying rent above ₹50,000 per month? You may be required to deduct Tax Deducted at Source (TDS) under Section 194IB of the Income Tax Act before paying rent to your landlord. Many salaried employees, freelancers,……

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