23 July 2024 3:34 PM IST

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,...