Short Term Capital Gains Tax 2024 Pdf. There will be only two holding periods for the purpose of ascertaining nature of capital gains i.e. According to the union budget 2024, the “short term capital gains tax” on specified financial assets has increased from 15% to 20%.

According to the union budget 2024, the “short term capital gains tax” on specified financial assets has increased from 15% to 20%. This change highlights the importance of understanding the tax implications when investing in mutual funds and other financial instruments.