Budget 2023 was announced in February, and needless to say, there were a lot of pivotal updates concerning tax deductions that every taxpayer in India must be aware of.  In this blog, we are going to have a detailed discussion on various tax deductions introduced in budget 2023, including the new income tax regime.  Capital Gains On Residential Properties Capped At Rs 10 Crores  For starters, the government is now going to heavily tax individuals earning capital gains of more…

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The Budget 2023 will be presented to the parliament on February 1, 2023, by the Union Finance Minister Nirmala Sitharaman. Industry leaders from diverse sectors have placed high expectancies on the Budget 2023 and anticipate some pivotal announcements from the Finance Minister. In this blog we’ll be looking at some of the expectations of the real estate industry when it comes to Income Tax Deduction, Home Loans, Section 80 C, Home Buyers and more. Let’s find out what industry experts…

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