2024 Gti Building Tax. The finance bill, 2024, has been introduced by the fm to rationalize capital gains provisions. Sanchaya, an egovernance application software suite for revenue and licence system in local governments of kerala.
These changes include the removal of the indexation benefit, a reduction in the tax rate from 20% to 12.5%, and a revised holding period of 24 months for assets to. This also removes the differential rates for various classes of assets.