Right here’s a fast round-up of key taxation modifications within the Union Funds 2024-25 which will influence your earnings this yr.
Notice: Beneath modifications will likely be efficient for all property offered publish 23rd July 2024.
LISTED ASSETS
| ASSET | STCG Earlier than | STCG Now | Holding Interval | Holding Interval Modified? | LTCG Earlier than | LTCG Now |
| Shares# | 15% | 20% | 12 months | No | 10% | 12.5% |
| Fairness MFs# | 15% | 20% | 12 months | No | 10% | 12.5% |
| Debt and Non-Fairness MFs | Slab Charge | Slab Charge | NA | Sure | Slab Charge | Slab Charge |
| Listed Bonds | Slab Charge | 20% | 12 months | No | 10% | 12.5% |
| REITs/InVITs | 15% | 20% | 12 months* | Sure | 10% | 12.5% |
| Fairness FoFs* | Slab Charge | 20% | NA | Sure | Slab Charge | 12.% |
| Gold/Silver ETF | Slab Charge | 20% | 12 months | Sure | Slab Charge* | 12.5% |
| Abroad FoFs | Slab Charge | Slab Charge | 24 months | Sure | Slab Charge | 12.5% |
| Gold Funds | Slab Charge | Slab Charge | 12 months | Sure | Slab Charge | 12.5% |
#Annual LTCG exempt quantity hiked from ₹1 lakh to ₹1.25 lakhs for shares and fairness MFs
UNLISTED ASSETS
| ASSET | STCG Earlier than | STCG Now | Holding Interval | Holding Interval Modified? | LTCG Earlier than | LTCG Now |
| Bodily Actual Property | Slab Charge | Slab Charge | 24 months | No | 20%** | 12.5% |
| Unlisted Bonds | Slab Charge | Slab Charge | 24 months | Sure | Slab Charge | Slab Charge |
| Bodily Gold | Slab Charge | Slab Charge | 24 months | Sure | 20%** | 12.5% |
| Unlisted Shares | Slab Charge | Slab Charge | 24 months | No | 20%** | 12.5% |
| International equities/debt | Slab Charge | Slab Charge | 24 months | No | 20%** | 12.5% |
*Other than these investing 90% in fairness ETFs | **Together with indexation | These investing in funds with at the very least 65% fairness
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