Tax On Long Term Capital Gains 2024

Tax On Long Term Capital Gains 2024. Capital gains are the profits you get when you sell an asset. However, it removes the indexation benefit.

The government raised the levy on stocks held for less than 12 months to 20%, the first hike since 2008, and to 12.5% from 10% for those held for more than a. Capital gains are the profits you get when you sell an asset.