Current Long Term Capital Gains Tax Rate 2024 In India

Current Long Term Capital Gains Tax Rate 2024 In India. Income between rs 5 lakh and rs 10 lakh is taxed at 20%, with a rs 12,500 base amount. Removes indexation, lowers tax to 12.5%, changes holding period to 24 months.

The below mentioned table gives detailed chart about different types of assets under capital gains tax rates for assessment year. In this case, a tax rate of 12.5% is imposed on the gains.