Introduction
According to Atul Goel, Goel Ganga Group Owner, Owning a home is regarded as a requisite to steer a benign and peaceful life. This is the reason why the Government of India has invariably been trying to furnish shelter to low and medium-income communities. Additionally, it gives a connotation of dignity, stability, and security to somebody who owns the home
Atul Goel Ganga Pune suggested some pointers for gaining maximum benefits:
1.A real estate property, upswings in value in long term. It supports equity and counts up to one’s Net Worth.
2.Study the terms under the LTCG – Long Term Capital Gains Tax so that you can avoid a huge sum of taxes.
3. If you sell a residential property after clenching it for a period of more than two years, it may attract an LTCG of up to 20%. In order to circumvent the tax payment on gains earned, reinvest the money on another residential property.
1.A real estate property, upswings in value in long term. It supports equity and counts up to one’s Net Worth.
2.Study the terms under the LTCG – Long Term Capital Gains Tax so that you can avoid a huge sum of taxes.
3.If you sell a residential property after clenching it for a period of more than two years, it may attract an LTCG of up to 20%. In order to circumvent the tax payment on gains earned, reinvest the money on another residential property.
Atul Goel Pune has majorly identified the financial and social benefits of Homeownership. Let’s discuss both one by one.
