Short Term Capital Gains Tax 2024

Short Term Capital Gains Tax 2024. The union budget 2024 has proposed simplifying the holding periods for capital gains by introducing only two durations: They're taxed like regular income.

Rachel reeves has refused three times to rule out raising inheritance tax and capital gains tax in her first budget. Gains acquired from the sale of equity shares which are listed under any recognised stock exchange and include securities transaction tax charges.