Budget tax expectations: When Finance Minister Nirmala Sitharaman presents Budget 2024-25 on July 23, Indians will be anxiously anticipating potential changes to the capital gains tax regime. Speculation is rife about alterations to the holding period for computing capital gains tax on real estate, with fears of increased tax burdens and hopes for incentives. The market is abuzz with anticipation and concern as stakeholders await the government's decision on this critical issue.
