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Net capital gains are taxed at different rates depending on overall taxable money, Whilst some or all Web capital gain may very well be taxed at 0%. For taxable yrs starting in 2023, the tax charge on most net capital gain is not any bigger than 15% for some people today.Revenue manufactured on belongings held for any yr or a lot less are thought

Folks can lessen the burden of these types of taxes by availing from the tax Added benefits made available from the Revenue Tax Act of India. These Advantages is usually availed when proceeds from your sale of 1 asset are reinvested into A further asset.Gains built on property held to get a calendar year or a lot less are deemed short-term capital