Capital Gains Tax Rate 2024 Selling Home In India

Capital Gains Tax Rate 2024 Selling Home In India. A capital gains tax is the tax levied on profits from the sale of an asset. The central board of direct taxes (cbdt) has issued frequently asked questions (faqs) dated 24 july 2024, clarifying certain points in relation to the capital.

Budget 2024 changes capital gains tax with two holding periods, impacting investments like stocks, real estate, and mutual funds. The tax rate on capital gains will depend on the type of asset and the holding period.