Tax On Long Term Capital Gains 2024. Removes indexation, lowers tax to 12.5%, changes holding period to 24 months. The rates are 0%, 15% or 20%, depending on taxable income and filing status.


Tax On Long Term Capital Gains 2024

Budget 2024 changes capital gains tax with two holding periods, impacting investments like stocks, real estate, and mutual funds. One of the most notable changes is the harmonization of tax rates for capital gains.

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