Capital gains on real estate: How indexation affects set-offs 1 min read . Updated: 07 Apr 2025, 01:06 PM IST Jash Kriplani Premium Mint If tax at the new 12.5% rate is higher than 20% rate with indexation on properties bought before 23 July 2024, the excess will be ignored. Recommended For You Feedback Select your Category Query Suggestion Your Message