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.