LTCG
Long-Term Capital Gains
TaxationTax on profits from selling assets held for more than 12 months (equity). Currently 12.5% for equity above ₹1.25 lakh exemption.
Formula
LTCG Tax = 12.5% on gains above ₹1.25 lakh (from July 2024)
Why it matters
Lower tax rate incentivizes long-term investing. First ₹1.25 lakh of LTCG per year is tax-free.
Indian example
Related terms
From the research
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