Tag: capital gains tax 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 […]

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