Long Term Capital Gains Tax 2024 Chart. It will be applicable, irrespective of the tax slab. High income earners may be subject to an additional 3.8% tax called the net investment income tax on both.

There are two main categories for capital gains: The new provisions for taxation of capital gains come into force from 23.7.2024 and shall apply to any transfer made on or after 23.7.2024.