Capital Gains Exemption Limit On Certain Financial Assets To Be Hiked To Rs 1.25 Lakh Per Year: FM | Personal Finance News

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the government plans to raise capital gains exemption limit on certain financial assets to Rs 1.25 lakh per year for middle and upper middle class. Presenting the Budget for 2024-25, she announced a hike in STT (securities transaction tax) on F&O (futures and options) securities by […]

Budget 2024: Tax Rates On Both Short And Long Term Capital Gains Raised With Immediate Effect | Personal Finance News

New Delhi: Finance Minister Nirmala Sitharaman’s Budget speech has announced to raise on long-term and short-term capital gains tax. All these proposals will come into force immediately. Sitharaman announced that Short term gains on certain financial assets shall henceforth attract a tax rate of 20 per cent, while that on all other financial assets and […]