Capital Gains Tax 2024/25 2024ora. What are the major changes brought about in the taxation of capital gains by the finance (no.2) bill, 2024? Major changes regarding taxation on capital gains were announced by finance minister nirmala sitharaman in union budget 2024.
The long term capital gains (ltcg) tax will rise from 10% to 12.5%, and the short term capital gains (stcg) tax on certain assets will increase from 15% to 20%. How much you pay depends on what you sold, how long you owned it before.