Planning to sell your house? Know the taxes and how to save on them
Many individuals may not realise they owe tax on profits from selling residential properties. Capital gains tax rates vary based on holding periods, with exemptions available for reinvestment in new properties or specified bonds, provided certain conditions are met.
Many individuals may not realise they owe tax on profits from selling residential properties. Capital gains tax rates vary based on holding periods, with exemptions available for reinvestment in new properties or specified bonds, provided certain conditions are met.
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