How Much Is Capital Gains Tax On Stocks 2024. Under the recent budget 2024, the exemption limit for capital gains has been raised to rs 1.25 lakh annually, a significant increase from the earlier limit of rs 1 lakh. The new laws announced in july will be effective from october 1, 2024.
As per income tax rules, when an individual sells a capital asset, he/she can earn capital gains or losses. The capital gains tax treatment for various types of assets has been changed in the union budget 2024.
How Much Is Capital Gains Tax On Stocks 2024 Images References :