Long Term Capital Gains Tax Rate 2024 Trusts Tax

Long Term Capital Gains Tax Rate 2024 Trusts Tax. Long term capital gains (ltcg) tax will be hiked from 10 to 12.5% while short term capital gains (stcg) tax on some assets will be increased from 15% to 20%, finance. Removes indexation, lowers tax to 12.5%, changes holding period to 24 months.

These are taxed at the individual’s applicable income tax slab rate. If the bonds are held for more than 12 months, the gains are.