Long Term Capital Gains Tax Rate 2024 India. Finance minister nirmala sitharaman announced the budget on july 23. Long term capital gains (ltcg) tax:
The stcg (short term capital gains) tax rate on equity funds is 15%. These changes include the removal of the indexation benefit, a reduction in the tax rate from 20% to 12.5%, and a revised holding period of 24 months.
Long Term Capital Gains (Ltcg) Tax Will Be Hiked From 10 To 12.5% While Short Term.
July 25, 2024 / 09:43 am ist.
For Listed Financial Assets, The Holding Period To Qualify.
The 10% tax rate is already quite low, so abolishing it isn’t likely in the near future.
Long Term Capital Gains Tax Rate 2024 India Images References :
July 25, 2024 / 09:43 Am Ist.
Long term capital gains (ltcg) tax will be hiked from 10 to 12.5% while short term.
On July 23, The Finance Minister Nirmala Sitharaman Has Sought To Rationalise Capital Gains, Imposing A Tax Rate Of 20% Tax Rate On Short Term Gains Of Financial Assets To Attract 20% Tax Rate;
The ltcg (long term capital gains) tax rate on equity funds is 10% on ltcg exceeding rs 1 lakh.
