Long Term Capital Gains Tax Rate 2024 Table. It applies only to individuals with at least $100 million in wealth who do not pay at least a 25% tax rate on their income (inclusive of unrealized capital gains). Capital gains from transfer of units of “ specified mutual fund schemes ” acquired on or after 1st april 2023 are treated as short term capital gains taxable at applicable slab rates as provided above irrespective of the period of holding of such mutual fund units.
This includes the new tax on unrealized capital gains. Remember, this isn’t for the tax return you file in 2024, but rather, any gains you incur from january 1, 2024 to december 31, 2024.