STCG

Union Budget 2024: Capital gains tax rates increased, short-term to 20%, long-term to 12.5%

NEW DELHI: In the Union Budget 2024 presented on July 23, Tuesday, Finance Minister Nirmala Sitharaman announced significant changes to the capital gains tax rates on equity investments, a move expected to impact investors and market dynamics.  The short-term capital gains (STCG) tax on equity investments held for less than a year will increase from […]

Budget 2024: FM Sitharaman raises capital gains tax rates

Finance Minister Nirmala Sitharaman announced revisions to tax rates on equity investments during her presentation of the Union Budget for the fiscal year 2024–25.