Short Term Capital Gains Tax Rate 2024. Capital gains from transfer of units of “ specified mutual fund schemes ” acquired on or after 1st april 2023 are treated as short term capital gains taxable at. The rate corresponds to ordinary income tax brackets, changing based on your income and filing.

They’re taxed like regular income. Capital gains from transfer of units of “ specified mutual fund schemes ” acquired on or after 1st april 2023 are treated as short term capital gains taxable at.