The Economic Times News

I plan to sell my house after 27 years and reinvest in another property. How to save LTCG tax?

ET Wealth Reader's Query: I plan to sell my residential property, held for 27 years, and use part of the long-term capital gains (LTCG) to purchase another residential property. Will I get LTCG tax exemption on the amount invested, with tax applicable only on the uninvested portion?