Short Term Capital Gains Tax 2024 On Property

Short Term Capital Gains Tax 2024 On Property. The fm proposed to increase short term gains on certain financial assets will be 20 percent, while rest will be remain as is. Further, the threshold limit up to which no tax is levied.

What are the major changes brought about in the taxation of capital gains by the finance (no.2) bill, 2024? Short term capital gains tax is a crucial aspect of tax planning that can significantly impact your overall tax liability.