Long Term Capital Gains Tax Rate 2024. Stcg on specified financial assets will be charged at 20%. The withholding tax rate on mutual fund income for resident individuals has been set at 10%.however, if the annual income from mutual funds exceeds rs.
Exemption on ltcg has been increased from rs.1 lakh to rs.1.25 lakhs per annum. Stcg on specified financial assets will be charged at 20%.