Top 10 Income Tax Expectations From Budget 2024: From New Income Tax Regime Slab Changes To Hike In Standard Deduction, Section 80C - Check List

Quick Summary:

Income Tax Budget 2024: The government is aware of the complexity in the capital gains tax structure, which currently lacks consistency in tax rates and holding periods for different instruments within the same asset class, say experts.

Additionally, the indexation benefit varies in different situations.

There may be an indication of a simplified capital gains tax regime, potentially including changes in tax rates and computation methods, they say.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaBhutanChinaOman

Topics: 2024: Budget Regime 2024 Experts Deduction Income Limit Taxpayers Lakh Rates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 00:30:49 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 831 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21715723

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 9 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions