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.
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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