Short Term Capital Gains Tax 2024 India. Tax rates on both short and long term capital gains raised with immediate effect. Aug 23, 2024 07:42 ist.
Provided that in the case of a resident individual or resident huf, where the total income as reduced by such short term capital gains is below the maximum. Budget 2024 has proposed to remove the benefit of indexation on the transfer of any capital asset on or after 23 rd july 2024.