Capital Gains Tax Rate Chart 2024
Capital Gains Tax Rate Chart 2024. What are the major changes brought about in the taxation of capital gains by the finance (no.2) bill, 2024? Capital gains from transfer of units of “ specified mutual fund schemes ” acquired on or after 1st april 2023 are treated as short term capital gains taxable at applicable slab rates as.
The capital gains tax rate for a capital gain depends on the type of asset, your taxable income, and how long you held. Understanding the nuances of capital gains tax can help you minimize your tax liability and maximize your returns.