Capital Gains Income Tax Brackets 2024 Lok

Capital Gains Income Tax Brackets 2024 Lok. The budget 2024, presented by finance minister nirmala sitharaman on july 23, introduced changes to both capital gains taxation and customs duties on precious metals. Capital gains taxes are levied when someone makes a profit from the sale of a capital asset, such as a stock or a bond.

Capital gains are the profit from selling an asset, such as a stock, mutual fund, or etf. Listed assets like equity have a 12.