Finance Comic on July 24: Budget Blues! 😮

Finance Minister Nirmala Sitharaman proposed big changes on capital gains taxation in her 7th consecutive Budget Speech. She presented the Union Budget for Financial Year 2024-25 in Parliament on Tuesday (23 July, 2024).

The FM has proposed to apply a flat long-term capital gains tax on all financial and non-financial assets at 12.5%. Changes to STCG taxation have also been proposed.

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