What Is The Capital Gains Tax Rate For 2024. Impact of increased tax rate on ltcg and stcg for nri investors. As per income tax rules, when an individual sells a capital asset, he/she can earn capital gains or losses.
The finance minister nirmala sitharaman has proposed following changes in the capital gains taxation regime in budget 2024: All the changes in the new capital gains tax rate and holding period, except for gold and international funds, will be effective immediately from july 23, 2024,.