Income Tax For Companies 2024 Pdf. This means that any capital gains exceeding the new threshold of rs 1.25 lakh will now be taxed at 12.5%. Alongside the increased exemption limit, the ltcg tax rate has been revised from 10% to 12.5%.
This means that any capital gains exceeding the new threshold of rs 1.25 lakh will now be taxed at 12.5%. In a significant development, the central board of direct taxes (cbdt) has extended the deadline for corporates to file income tax returns for the assessment year (ay).