Short Term Capital Gains Tax 2024 Rate. The union budget 2024 introduced a hike in the tax rate for short term capital gains (stcg) from equity investments, raising it from 15% to 20%. As per section 2 (42a) of the ita, short term capital asset.

For other assets, such as property &. Currently, short term capital gains on shares are taxed at a rate of 15%.