Union Budget 2024 | Major Updates to Capital Gains Tax!

Published: 23 July 2024
on channel: Taxmann
300
7

#TaxmannUpdates #TaxmannBudget #IncomeTax #CapitalGains #LTCG #TaxRate

Breaking Down the Latest Capital Gains Tax Updates!
📊 New holding periods – 12 months for listed securities, 24 months for other assets
📈 STCG tax rate increases from 15% to 20% for certain assets
📉 Flat 12.5% LTCG tax rate for all asset categories
🚫 No indexation benefits for LTCG
📚 Higher exemption limit for LTCG on certain assets—up to ₹1,25,000

Explore how these new capital gains tax adjustments could impact your investment strategy
For more updates, visit: https://taxmann.social/ZosPD
________________________________________________________________________________________________

MUST READ:
• Detailed Document of Taxmann’s Key Recommendations & Expectations from the Union Budget 2024-25: https://taxmann.social/Copgp
• Highlights of the Finance (No. 2) Bill 2024: https://taxmann.social/Kolfs
• Comparison of TDS Rates: https://taxmann.social/colgd
• Break-Even Points for Choosing Between Old Tax Regime vs. News Tax Regime: https://taxmann.social/polhE
________________________________________________________________________________________________

Essentials for the Union Budget 2024-25:
• Start your Pre-Budget | Budget | Post-Budget Journey with Taxmann's special website for the Union Budget: https://taxmann.social/1opsX
• The Budget [Income-tax | GST | Customs] | 2024-25: https://taxmann.social/5ogrP
• Taxmann's Budget Marathon | Series of Webinar on the Union Budget 2024-25 | Threadbare, Detailed & Comprehensive Analysis
✔️ 10+ Experts
✔️ 10+ Sessions
✔️ 400+ Minutes
Register Now: https://taxmann.social/eruXe
___________________________________________________________________________________________

Bonus:
• Get Real-time Updates & Analysis of the Experts: https://taxmann.social/1opsX
• Get a 7-days free trial for Taxmann.com | Research: https://www.taxmann.com/research
• Introducing Taxmann.com | Practice Your virtual legal advisor that helps you understand complex legal concepts and enables you to give instant & best-in-class advice to your clients. This platform delivers complete, updated, accurate, and authentic content in a simple language that is easy to understand. Start your search on any concept of the Law using keywords or section no.: https://www.taxmann.com/practice
• All Taxmann Books now come with a 15-Mins Free Trial! Get Started Now! http://taxmann.com/virtualbooks/library
___________________________________________________________________________________________

Like our Content? Follow Us for More!
• Follow us on LinkedIn:   / taxmann  
• Follow us on Twitter:   / taxmannindia  
• Follow us on WhatsApp Channel: https://whatsapp.com/channel/0029VaCe...
• Subscribe us on Telegram Channel: https://t.me/taxmannprofessionals
• Follow us on Google News: https://news.google.com/publications/...
• Follow us on Instagram:   / taxmannindia  
• Follow us on Threads: https://www.threads.net/@taxmannindia
• Like us on Facebook:   / taxmannindia  
• Introducing the TAXMANN's PODCAST! | Your Hands-free Weekly Update on Everything Tax & Corporate Laws | Listen Now! https://thetaxmannpodcast.buzzsprout.com
___________________________________________________________________________________________


Watch video Union Budget 2024 | Major Updates to Capital Gains Tax! online without registration, duration hours minute second in high quality. This video was added by user Taxmann 23 July 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 300 once and liked it 7 people.