Capital Gains Tax Allowance 2024 25. 10% (18% for residential property) for your entire capital gain. Capital gains tax allowance has shrunk (again) the cgt allowance.
The central board of direct taxes (cbdt) has issued frequently asked questions (faqs) dated 24 july 2024, clarifying certain points in relation to the capital. Leading tax firm says people should prepare for capital gains tax hike.