Capital Gains Tax Rate 2024/25 2024 In India. What are the new capital gains tax rates introduced in budget 2024? Explore the significant changes in capital gains taxation proposed in budget 2024, including revised tax rates, holding periods, and removal of indexation benefits.
The central board of direct taxes (cbdt) has issued frequently asked questions (faqs) dated 24 july 2024, clarifying certain points in relation to the capital. As per income tax rules, when an individual sells a capital asset, he/she can earn capital gains or losses.
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