Indexation benefits: FM Sitharaman says you are missing the larger picture behind Budget's big tax change

Certain taxpayers are displeased with the Modi government's removal of indexation benefits on realty sales. Finance Minister Nirmala Sitharaman defended the decision, stating it simplifies taxation and offers a 12.5% LTCG rate without exemptions. While critics argue against it, the government believes the new regime benefits long-term property holders, enhancing market dynamics.