Finance Act 2024 Pdf

Finance Act 2024 Pdf. The new tax regime is applicable to individuals other than companies and firms, as a default regime. Taxpayers now have the option to pay tax at the lower of (i) 20% on the capital gains with indexation, or (ii) 12.5% on the capital gains without indexation.

The 2024 indian union budget holds critical significance for the nation’s economic landscape, offering a glimpse into the government’s fiscal plans and aspirations for fostering. Taxpayers now have the option to pay tax at the lower of (i) 20% on the capital gains with indexation, or (ii) 12.5% on the capital gains without indexation.