Section

Capital gains exemption limit hiked to Rs 1.25 lakh for equity; STCG tax rate hiked to 20%, LTCG made to 12.5% for all assets in Budget 2024

By Economic Times - 4 months ago
LTCG, STCG in Budget 2024: As per income tax rules, when an individual sells a capital asset, he/she can earn capital gains or losses. The Budget 2024 has rationalised the capital gains tax structure for all the asset classes. Read on to know the new capital gains structure proposed in Budget 2024.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.