Long Term Capital Gains Tax 2024 Proposal

Long Term Capital Gains Tax 2024 Proposal. 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. Removes indexation, lowers tax to 12.5%, changes holding period to 24 months.


Long Term Capital Gains Tax 2024 Proposal

For the benefit of the lower and middle. Earlier, the rate was 20 per cent with indexation.

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