Capital Gains Tax Rate 2024 Home Sale In India . This will ease in simplifying the taxation of capital gains and their easy computation. The irs on thursday released 2024 inflation adjustments for the capital gains tax brackets, which apply to investments owned for more than one year.
As per the indian income tax act, any capital gain arising from the sale of property is subject to tax. 20% (on gains exceeding inr1 lakh) 12.5%.
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