Capital Gains Tax Rules For 2024. This will simplify the computation of capital gains for taxpayers and tax administration, though it might. The union budget 2024 has proposed simplifying the holding periods for capital gains by introducing only two durations:

You’ll pay a tax rate of 0%, 15% or 20% on gains from the sale of most assets or investments held for more than one year. Now, the entire ₹50 lakh gain will be taxed.