Capital Gains Update | Section 50AA
Effective 23 July 2024, unlisted debentures and bonds (except Sovereign Gold Bonds) are now a distinct asset class for STCG purposes.
Taxable under the new Section 50AA, inserted via Finance Act (No. 2), 2024.
STCG tables updated under:
Asset Type → Shares / Debentures / Units / Bonds
Applies to all taxpayers except Local Authorities.