CBDT Clarifies Rs 12 Lakh Income Tax Rebate Excludes Capital Gains

Last updated: 24 February 2025

Finance Minister Nirmala Sitharaman's Budget 2025 announcement regarding income tax rebates has created confusion among taxpayers, particularly about the inclusion of capital gains in the Rs 12 lakh exemption. The Central Board of Direct Taxes (CBDT) has now issued a clarification, stating that inco

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