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Capital gain tax on stocks: How you will be paying 15% more in taxes after Budget 2024 tweaks

By Business Today - 4 months ago
Short term gains on listed equity will be subject to a tax rate increase from 15% to 20%. The tax rate on long-term gains for all financial and non-financial assets is proposed to be 12.5%, resulting in a 2.5% increase for listed equity (from the current 10%).

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