Short Term Capital Gains Tax 2024 On Property. The union budget 2024 introduced a hike in the tax rate for short term capital gains (stcg) from equity investments, raising it from 15% to 20%. If you hold it longer, you'll pay long.
Explore the significant changes in capital gains taxation proposed in budget 2024, including revised tax rates, holding periods, and removal of indexation benefits. This happens when you hold an investment for less than one year and then sell it.