How Much Is Short Term Capital Gains Tax 2024

How Much Is Short Term Capital Gains Tax 2024. There are two main categories for capital gains: Capital gains from transfer of units of “specified mutual fund schemes” acquired on or after 1st april 2023 are treated as short term capital gains taxable at.

So, the tax rates on the short term gains on transfer of listed assets, the rate has been increased to 20% from 15%. Major changes regarding taxation on capital gains were announced by finance minister nirmala sitharaman in union budget 2024.