Long Term Capital Gains Tax 2024 Chartink. The union budget 2024 has proposed simplifying the holding periods for capital gains by introducing only two durations: It provided small relief by allowing gains up to rs.1.

The union budget 2024 introduced significant modifications to the taxation of capital gains in india. Long term capital gains (ltcg) tax will be hiked from 10 to 12.5% while short term capital gains (stcg) tax on some assets will be increased from 15% to.