TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Income Tax Bill 2025: 12.5% Tax on Long-Term Capital Gains, Special Provisions for Pre-July 2024 Assets</h1> The statutory provisions outline the tax treatment for long-term capital gains under the Income Tax Bill, 2025. Tax on such gains is calculated at 12.5%, with specific considerations for individuals and Hindu undivided families. If the reduced total income falls below the non-taxable threshold, adjustments are made to the taxable gains. For assets acquired before July 23, 2024, excess tax is disregarded based on a formula comparing different tax rates and indexed costs. The gross total income is adjusted for capital gains before deductions under Chapter VIII. Definitions for securities and indexed costs are provided for clarity.
TaxTMI 
TaxTMI 
