August 31, 2024

Audie Candida

Donna GayleenKacy SallieTrude HorAudie Candida

Long Term Capital Gains 2024

Long Term Capital Gains 2024. The new provisions for taxation of capital gains come into force from 23.7.2024 and shall apply to any transfer made on or after 23.7.2024. One of the most notable changes is the harmonization of tax rates for capital gains.


Long Term Capital Gains 2024

High income earners may be subject to an additional 3.8% tax. The union budget 2024 has proposed simplifying the holding periods for capital gains by introducing only two durations:

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