Has STCG, LTCG taxation changed in new Income Tax Bill, 2025? Know the latest capital gains tax
new income tax bill, 2025 will change the capital gains tax regime. It is important to note that the capital gains tax regime was changed in Budget 2024, as presented in July. According to government sources, there is likely to be no change in the capital gains tax regime in the new Income Tax Bill, 2025. The new legislation will likely be tabled in Parliament tomorrow (February 13, 2024).
The tax experts expect no new change in the tax rates for incomes and capital gains. There was no change in capital gains structure in Budget 2025, as a result, the capital gains taxation will remain the same as the current one.
Current capital gains tax regime
To rationalise the complex capital gains structure prevailing till July 22, 2024, the government introduced a simplified capital gains tax regime from July 23, 2024. The capital assets that are now taxed under the capital gains regime are divided into two categories — a) listed securities and b) unlisted securities and non-financial securities.
The holding period to define capital gains as short-term or long-term is different for both categories of capital assets.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar, IT Specialist and Developer
