Tax Rate On Long Term Capital Gains 2024. Remember, this isn't for the tax return you file in 2024, but rather, any gains you incur from january 1, 2024 to december 31, 2024. Listed equity shares, funds, and business trusts gains over rs 1.25 lakh are taxable, promoting longer investment periods. what are the current tax rules for ltcg, stcg?
Stcg on specified financial assets will be charged at 20%. Ltcg tax is levied on capital gain from the sale of listed stocks and shares held for more than 12 months.
