Gold investment to attract lower LTCG tax of 12.5% instead of 20% with indexation, holding period cut to 24 months

Vidya J S
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Gold investment to attract lower LTCG tax of 12.5% instead of 20% with indexation, holding period cut to 24 months

Budget 2024 has reduced the holding period for capital gains on gold to qualify as long term capital gains from 36 months to 24 months and simultaneously cut the LTCG tax rate to 12.5%. Further, indexation available for LTCG calculation for gold has been removed.

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Vidya J S

Vidya is an accomplished news writer known for her expertise in transforming complex news stories into engaging infographics. With a sharp eye for detail and a talent for visual storytelling, Vidya makes intricate news captivating for our audience.

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Vidya J S

Vidya is an accomplished news writer known for her expertise in transforming complex news stories into engaging infographics. With a sharp eye for detail and a talent for visual storytelling, Vidya makes intricate news captivating for our audience.

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