Long Term Capital Gains Tax 2024. Long term capital gains (ltcg) tax will be hiked from 10 to 12.5% while short term capital gains (stcg) tax on some assets will be increased from 15% to. You’ll pay a tax rate of 0%, 15%.
Capital gains are the profits you get when you sell an asset. Removes indexation, lowers tax to 12.5%, changes holding period to 24 months.