Ask Value Research

New tax regime: Are long-term capital gains up to Rs 1 lakh exempt from tax?

Let's understand how are long-term capital gains on equities and mutual funds taxed

New tax regime: Are long-term capital gains up to Rs 1 lakh exempt from tax?

हिंदी में भी पढ़ें read-in-hindi

Deduction of Rs 1 lakh in long-term capital gains of equity is allowed in the new tax regime? - Anonymous Under the new tax regime, long-term capital gains on equities and units of mutual funds up to Rs 1 lakh are not taxable. Gains exceeding Rs 1 lakh are taxed at a rate of 10 per cent. With the introduction

This article was originally published on March 06, 2023.


Other Categories