Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Property Transfer Tax Relief Reduces Estate Duty When Capital Gains Tax Paid Within Two Years After Death</h1> The amendment modifies the Estate Duty Act of 1953, introducing two key provisions. First, it establishes relief from estate duty when capital gains tax has been paid on property transferred within two years after the deceased's death, with a proportional reduction in estate duty. Second, it allows the Central Government to accept property in lieu of estate duty, with detailed rules for property transfer, vesting, and potential application of excess proceeds to outstanding tax liabilities across different tax categories.