Codee Anestassia

Long-Term Capital Gains Taxable 2024. Removes indexation, lowers tax to 12.5%, changes holding period to 24 months. No tax is payable on income up to rs.

Capital gains are the profits you get when you sell an asset. Let’s look at the difference in the ltcg tax you are liable to pay prior and post the union budget 2024 announcement.