How Much Is Capital Gains Tax 2024 On Property. Capital gains tax, or cgt, is a tax on the profit when you sell (or dispose of) an asset that has increased in value, such as a property, a stock or a share. The finance minister today announced changes to the capital gains tax structure in india.
Learn about the proposed shift from indexation to a flat 12.5% tax rate. Holding onto an asset for more than a year before selling generally results in a more favorable tax rate of 0% to 20%, whereas assets sold within a year or less of ownership are subject to.
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