Short Term Capital Gains Tax 2024 Rate. The union budget 2024 introduced a hike in the tax rate for short term capital gains (stcg) from equity investments, raising it from 15% to 20%. Capital gains are the profits you get when you sell an asset.
1.25 lakh, the removal of indexation is likely to offset this benefit for many taxpayers. As citizens of india, we have to pay taxes.