Finance Minister Nirmala Sitharaman in Budget 2024 amended the rules relating to capital gains. Under the new rules, any non-financial asset, when sold after more than two years of purchase, draws capital gains tax at the rate of 12.5 per cent without indexation.
Finance Minister Nirmala Sitharaman in Budget 2024 amended the rules relating to capital gains. Under the new rules, any non-financial asset, when sold after more than two years of purchase, draws capital gains tax at the rate of 12.5 per cent without indexation.