2024 Income Tax Report: Analysis & Trends
2024 Income Tax Report: Analysis & Trends
However, the rate at which it is taxed has increased from 10% to 12.5%. The exemption limit to Rs. 1.25 lakhs has been increased for the whole of the year, whereas the tax rate changed on 23rd July 2024. The tax on long-term capital gains on other financial and non-financial assets is reduced from 20% to 12.5%.3 days ago
However, the rate at which it is taxed has increased from 10% to 12.5%. The exemption limit to Rs. 1.25 lakhs has been increased for the whole of the year, whereas the tax rate changed on 23rd July 2024. The tax on long-term capital gains on other financial and non-financial assets is reduced from 20% to 12.5%.3 days ago
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