Union Budget 2024: Major changes in Capital Gains Tax Regime. Holding period, tax rates explained  

Union Budget 2024: Major changes in Capital Gains Tax Regime. Holding period, tax rates explained  

BUDGET 2024: In a shock to stock market investors, Finance Minister Nirmala Sitharaman on Tuesday announced an increase in both long-term and short-term capital gains tax. FM Sitharaman said that going forward, short-term capital gains on specific financial assets will be subject to a tax rate of 20%, a 5% increase from the previous rate of … Read more

Union Budget 2024: What all can FM Sitharaman offer on the income tax front for taxpayers

Union Budget 2024: What all can FM Sitharaman offer on the income tax front for taxpayers

Budget 2024: Finance Minister Nirmala Sitharaman will be presenting the Union Budget for 2024-25 later this month. Since the beginning of this year, taxpayers have been expecting some relief and concession on the tax front. But were disappointed in the Interim Budget as the finance minister proposed to retain the same tax rates for both … Read more