Capital Gains Tax Rate 2024/25 In India

Capital Gains Tax Rate 2024/25 In India. The benefit of indexation has been altogether removed. This will ease in simplifying the taxation of capital gains and their easy computation.


Capital Gains Tax Rate 2024/25 In India

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. Key tax reforms include rationalising capital gains tax, reassessment timelines, and tds/tcs framework, abolishing angel tax and equalisation levy, introducing a specific.

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