Budget 2024: FM Nirmala Sitharaman Announces Immediate Hike in Short and Long Term Capital Gains Tax Rates
Tuesday, 23 July 2024 Budget 2024: Long-term gains on all financial and non-financial assets will attract a tax rate of 12.5 per cent instead of 10.0 per cent.
On July 23, Finance Minister Nirmala Sitharaman announced significant revisions to personal income tax rates under the new tax regime during the presentation of the Annual Budget 2024 in Lok Sabha. The new tax slabs are designed to provide relief to taxpayers and simplify the tax structure: no tax...
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On the Union Budget, EAM Dr S Jaishankar says "The budget presented by FM Nirmala Sitharaman is a very exceptionally important budget as it is the first budget of the third term of the NDA government...
Finance Minister Nirmala Sitharaman revised tax slabs in the new regime, expanding the first taxable bracket from ₹3-6 lakh to ₹3-7 lakh, while maintaining the 5% tax rate. Standard deductions were..
Sitharaman announced that short-term capital gains on "specified" financial assets will henceforth attract a tax rate of 20 per cent instead of 15 per cent.... Zee News
Long-term gains on all financial and non-financial assets, on the other hand, will attract a tax rate of 12.5 per cent, announced Finance Minister Nirmala... Zee News
Tuesday, 23 July 2024
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