What is the latest income tax rate on long term capital gains from sale of landed property without claiming the benefits of indexation.
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Quick Summary
This discussion clarifies the income tax rate on long-term capital gains (LTCG) from property sales. It addresses the common misconception about a 10% rate without indexation, confirming that indexation is typically applied by default. The prevailing tax rate for LTCG on property, after considering indexation, is a flat 20%.