Capital Gain Amendments In Budget 2024 India. Under the recent budget 2024, the exemption limit for capital gains has been raised to rs 1.25 lakh annually, a significant increase from the earlier limit of rs 1 lakh per year. With union budget 2024 on the horizon, there is a growing expectation for adjustments to be made to the capital gains tax framework, particularly concerning stocks and.
The 2024 budget, presented by finance minister nirmala sitharaman, introduces significant changes to the taxation of capital assets and capital gains. Budget 2024 aims to simply capital gains taxation complexities by simplifying the period of holding under two criteria.
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