Budget highlights for retail investors

Budget highlight for retail investors
  1. Short term gains of Equity at 20% tax rate (earlier 15%)
  2. Long term gains on all Equity at 12.5% (earlier 10%)
  3. Increase in limit of exemption of capital gains to *1.25 lakh per year (earlier ₹1.0 Lakh)
  4. Angel Tax abolished
  5. Standard Deduction increased to 75k (earlier 50k) for New Tax Regime
  6. Gold & Silver import duty decreased to 6% (from 15%)
  7. Some benefits with Tax slab change under new tax regime as attached
  8. Indexation benefit removed from Real Estate. Long Term taxation at 12.5%, same as Equity. Holding period 2 years.
  9. FoF, Gold Funds and ETFs, International Funds will be tax after 2 years at 12.5% (not very clear)
Tax slab rate

~Navneet Shukla

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