Short Term Capital Gains Tax 2024 India

Short Term Capital Gains Tax 2024 India. 1.25 lakh, the removal of indexation is likely to offset this benefit for many taxpayers. Know more about its calculations, tax liabilities, implications, etc.

Tax rates on both short and long term capital gains raised with immediate effect. The long term capital gains (ltcg) tax will rise from 10% to 12.5%, and the short term capital gains (stcg) tax on certain assets will increase from 15% to 20%.