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Mr. Vineet Gupta
Author, thestatesman.com
New Capital Gain Tax, Modi Govt, Budget 2024

Explained: New Capital Gains Tax; impact of indexation removal

Finance Minister Nirmala Sitharaman proposed that the short term gains on certain financial assets shall attract a tax rate of 20%, while that on all other financial assets and all non-financial assets shall continue to attract the applicable tax rate.