Capital Gains Tax 2024/25 2024
Capital Gains Tax 2024/25 2024. Learn about the changes in capital gains taxation proposed by the budget 2024, such as the increase in tax rates, the reduction of period of holding, and the. The union budget 2024 brought significant changes to the tax rates and applicability, particularly in capital gains.
It is proposed to revoke this exemption for buyback of shares by a company, effective 1 october 2024. As regards holding period of the assets for classification into long.