Short Term Capital Gains Tax 2024 Chart. The long term capital gains (ltcg) tax will rise from 10% to 12.5%, and the short term capital gains (stcg) tax on certain assets will increase. The budget 2024 has proposed various amendments in the provisions related to income.

High income earners may be subject to an additional. What are the major changes brought about in the taxation of capital gains by the finance (no.2) bill, 2024?