curiousv (Mr.) (82 Points)
23 July 2024Please confirm that capital gains tax changes including long term indexation removal from property tax and LTCG tax rate and STCG tax change rate will be effictive from today itself
But increase in STT on options and futures will be effective on which date?
kings22
(Shareholder)
(166 Points)
Replied 24 July 2024
Effective date not clear. It seems they said it is applicable for FY 2024-25 and is very confusing. What about people who do asset sale before July 23, 2024. Will they be able to take indexation benefit or they will have to now pay tax based on no cost inflation.
CAclubindia
