Long Term Capital Gains Tax 2024

Long Term Capital Gains Tax 2024. Finance minister nirmala sitharaman announced changes in capital gains taxation in union budget 2024. The rates are 0%, 15% or 20%, depending on taxable income and filing status.


Long Term Capital Gains Tax 2024

The modifications include simplified holding periods, revised tax rates, the elimination of indexation benefits, and. The new provisions for taxation of capital gains come into force from 23.7.2024 and shall apply to any transfer made on or after 23.7.2024.

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