Whether indexation benefit applicable on sale of gold? Or flat 12.5% on difference between sale and purchase

what is capital gain tax rate on flat sale by nri? Is it 12.5% without indexation or 20% with indexation?

my ivew--> only 12.5% wo indexation as per section 115E (b)ii
am i wrong?

The real estate industry warned that eliminating indexation benefits for long-term capital gains would stunt its expansion, negatively affecting property owners and potentially increasing taxes. While experts thought low returns could still be a problem, authorities disagreed, citing high real … Continue reading →

  Eversheds Sutherland Property Column: January 2020 Many real estate documents provide for the indexation of payments or prices or costs throughout the life of the transaction. Increases in line with inflation (however measured) or in line wit...