Budget 2024: Property Owners to Face Higher Taxes as Loophole is Plugged

Last updated: 31 July 2024

In the Union Budget 2024, Finance Minister Nirmala Sitharaman announced a significant change in the taxation of rental income from residential properties. To curb tax evasion, it has been mandated that such income can only be declared under the 'Income from House Property' (IHP) head and not under t

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Category Union Budget   Report

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