Capital Gains Tax Rate 2024

Capital Gains Tax Rate 2024. As per income tax rules, when an individual sells a capital asset, he/she can earn capital gains or losses. Capital gain tax in india is the tax imposed by the government on the profit earned from the sale of certain assets, such as stocks, bonds, real estate, or other investments.

The taxation of capital gains has been rationalised. In 2024, individuals’ taxable income can be up to $47,025 to skip capital gains taxes with a 0% rate.