Top 10 Income Tax Expectations From Budget 2024: From New Income Tax Regime Slab Changes To Hike In Standard Deduction, Section 80C - Check List

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Income Tax Budget 2024: The government is aware of the complexity in the capital gains tax structure, which currently lacks consistency in tax rates and holding periods for different instruments within the same asset class, say experts. Additionally, the indexation benefit varies in different situations. There may be an indication of a simplified capital gains tax regime, potentially including changes in tax rates and computation methods, they say. (AI image)

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