[ad_1] The Budget 2024 announcement by Finance Minister Nirmala Sitharaman has introduced changes to the new income tax regime. This aims to provide relief to taxpayers and encourage more individuals to opt for this system. With revised tax slabs and an increased standard deduction, taxpayers must be keen to understand the impact of these changes […]
Budget 2024: FM Sitharaman raises LTCG from 10% to 12.5%; STCG at 20% – CNBC TV18
[ad_1] Finance Minister Nirmala Sitharaman has raised the tax rate for equity investments held for less than one year or short-term capital gains (STCG) tax to 20% from 15% in the Union Budget 2024–45. The FM also raised the long-term capital gains (LTCG) or tax rate on shares held for more than a year to […]