Budget 2024: Zerodha CEO Nithin Kamath Says ‘Change in Capital Gains in Budget Affect All Your Investments’, Shares Snapshot of Impact on STCG and LTCG
Zerodha CEO Nithin Kamath shared how the new capital gain changes would affect the investment of the individuals. The CEO shared a comparison of earlier and revised taxation structure and holding period.
Zerodha CEO Nithin Kamath shared a snapshot of the capital gain changes affecting investment over Budget 2024. Nithin Kamath shared a table offering the details of the impact of new changes on short-term capital gains (STCG) and long-term capital gains (LTCG). The CEO of Zerodha said, "The change in capital gains in the budget affects all your investments, from stocks, mutual funds, and ETFs to unlisted bonds." The CEO shared a table showing the effect of the new taxation change on people's investments. Budget 2024 Impact on Mobile Phone: Smartphone Price Cuts Seem Unlikely After Budget Announcement by India’s Finance Minister Nirmala Sitharaman, Says Report.
Change in Capital Gains Affect All Your Investment, Said Zerodha CEO
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