How are capital gains from the sale of equity taxed?
Capital gains earned from the sale of equity are taxed based on the holding period of securities:
| Holding Period | Type of Capital Gain | Tax Rate |
|---|---|---|
| Less than 1 year | Short-Term Capital Gains (STCG) | 15% of the gain |
| More than 1 year | Long-Term Capital Gains (LTCG) | i. 10% of gains exceeding Rs. 1 lakh. ii. Gains cannot be indexed. iii. Gains are calculates as per the grandfathering clause |
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