Capital Gain Tax Rate 2024 India

Capital Gain Tax Rate 2024 India. Explore the significant changes in capital gains taxation proposed in budget 2024, including revised tax rates, holding periods, and removal of indexation benefits. The rate of ltcg tax in india varies based on the type of asset.

The proposed rate hikes the tax rate by 2.5% for listed equity from 10% currently but reduces the tax rate by 7.5% for other assets such as house property, unlisted equity shares etc. One of the most notable changes is the harmonization of tax rates for capital gains.