Budget 2024 Explained Live Updates: LTCG tax hiked from 10 per cent to 12.5 per, amid jump in equity investments

Category: Finance

Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024, highlighting significant announcements for Andhra Pradesh and Bihar, a hike in Long Term Capital Gains tax from 10% to 12.5%, and new schemes for tribal communities and MSMEs. The budget outlines the government's financial health, including revenue generation and expenditure plans, which directly affect citizens' lives.

Keywords: Union Budget 2024, Long Term Capital Gains tax, MSMEs

Source: The Indian Express

Update At: 7/23/2024

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