Current Long Term Capital Gains Tax Rate 2024 Olympics

Current Long Term Capital Gains Tax Rate 2024 Olympics. Due to the ‘carried interest’ law, private equity fund managers pay only 28 per cent tax on their income, which is treated as capital gains. The capital gains tax treatment for various types of assets has been changed in the union budget 2024.

Standardised to 12.5%, replacing the previous 20% with indexation. Removes indexation, lowers tax to 12.5%, changes holding period to 24 months.