STCG tax rate on shares

Budget 2024 : LTCG tax rate to 12.5%, STCG to 20%, STT on F&O also up

On: July 24, 2024

Budget 2024 FM Nirmala Sitharaman declared that short-term capital gains on designated financial assets will henceforth be subject to a 20% tax rate rather than a 15% tax rate. Budget 2024 In her Union Budget statement on Tuesday, Finance Minister Nirmala Sitharaman declared an increase in the long-term (LTCG) andContinue Reading

Budget 2024 : LTCG tax rate to 12.5%, STCG to 20%, STT on F&O also up

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