Budget 2026 proposes tax exemption on land acquisition compensation
after close1 source ↓written by the desknot a recommendation
The Union Budget for FY 2026-27, presented by Finance Minister Nirmala Sitharaman, includes a proposal for income tax exemption on compensation from compulsory land acquisition under the RFCTLARR Act. This move aims to enhance transparency and fairness in land acquisition processes.
This exemption could positively impact sectors reliant on land acquisition, potentially boosting sentiment in infrastructure and real estate sectors as it may ease financial burdens on affected landowners.
Not investment advice. For informational purposes only.