<h1>Proposal to Ease Real Estate Taxes: No Adjustments if Circle Rate Value is Within 5% of Consideration.</h1> The Union Minister for Finance and Corporate Affairs announced a proposal during the General Budget 2018-19 that no adjustments will be made in real estate transactions if the circle rate value does not exceed 5% of the consideration. This measure aims to reduce the tax burden on capital gains, business profits, and other sources by addressing discrepancies between circle rate values and actual considerations, which often arise due to factors like plot shape and location. The proposal seeks to alleviate difficulties in real estate transactions by preventing additional income tax liabilities for both buyers and sellers in such cases.