29 November 2021


Govt Proposes to Change Base Year For Computing Capital Gains to 2001 From 1981 - 02.02.2017

Government has proposed that cost of acquisition of an asset acquired before 01.04.2001 shall be allowed to be taken as fair market value as on 01.04.2001 and cost of improvement shall include only those capital expenses which are incurred after 01.04.2001.

Tags : Budget 2017-18 Union Budget Rail Budget Arun Jaitley Finance Minister

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