Short Term Capital Gains Tax Brackets 2024 Pdf. India’s central board of direct taxes (cbdt) on 24 july 2024 issued frequently asked questions (faqs) clarifying certain points in relation to the proposed new capital gains. Alongside the increased exemption limit, the ltcg tax rate has been revised from 10% to 12.5%.

Alongside the increased exemption limit, the ltcg tax rate has been revised from 10% to 12.5%. This means that any capital gains exceeding the new threshold of rs 1.25 lakh.