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budget 2018

Budget 2018 allows property valuation up to 5% below circle rate: Realty buyers, sellers to benefit

Budget 2018 has proposed a tax relief for buyers and sellers of property by allowing it to be valued at up to 5% below circle rates for calculation of stamp duty and capital gains tax. The finance minister presenting the Budget 2018 announced that no adjustment shall be made in respect of transactions in immovable