Capital Gains Tax Rate 2024 House Sale In India . Budget 2024 has revised various aspects of capital gains tax, impacting listed equity shares and unit funds. If a taxpayer sells a house, they are liable to pay capital gains tax on the sale.
The long term capital gains tax (ltcg) on property sales has been reduced from 20% to 12.5%, but the budget fine print revealed that the. In india, the tax is applicable to both residents.
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Capital Gains Tax Rate 2024 Overview and Calculation , Now as per the budget documents, the new ltcg tax rate has been reduced to 12.5% but will be applicable without indexation.
