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2024 Capital Gains Tax Rate For Trusts
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2024 Capital Gains Tax Rate For Trusts. The central board of direct taxes has. The government raised the tax rate for equity investments held for less than one year to 20% from 15% and for shares held for more.
Capital gains realized by individuals, corporations or trusts. From 6 april 2024, the higher rate of capital gains tax for residential property disposals will be cut from 28% to 24%.
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