Tax Act 2024 Schrikkeljaar. Explore the significant changes in capital gains taxation proposed in budget 2024, including revised tax rates, holding periods, and removal of indexation benefits. The finance minister of india presented the finance bill for the fiscal year 2024/25 (bill) in the indian parliament on 23 july 2024, proposing changes to tax laws, effective from 1 april 2024.
Glimpses of the year in retrospect. The 2024 tax reforms introduced notable changes, particularly in capital gains taxation.