Anne Tomasina

New Capital Gains Tax 2024 In India. Major changes regarding taxation on capital gains were announced by finance minister nirmala sitharaman in union budget 2024. The long term capital gains (ltcg).

Interest earned and capital gains tax rate the interest earned on deposits in a cgas account is taxable in the year it accrues, regardless of. The new provisions for taxation of capital gains come into force from 23.7.2024 and shall apply to any transfer made on or after 23.7.2024.