Disclaimer: Nothing mentioned in this article constitutes tax advice. Tax laws are subject to frequent amendments. Please consult a Chartered Accountant or tax professional for personalised guidance. Understanding capital gains tax is crucial for every Indian investor. Whether you're booking profits from mutual funds, selling shares, or disposing of property, the taxman takes a cut. However, with strategic planning, you can significantly reduce your tax outgo. Here's your comprehensive guide to capital gains tax in India and proven tricks to keep more money in your pocket. Capital Gains Tax on Mutual Funds Equity Mutual Funds (Equity exposure >65%) Short-Term Capital Gains (STCG): If you sell within 12 months, gains are taxed at 20% (as per the latest 2024 Budget changes). This applies to both equity-oriented mutual funds and direct stock investments. Long-Term Capital Gains (LTCG): For holdings exceeding 12 months, the first ₹1.25 lakh of gains i...
Capital Gains Tax in India A Complete Guide to Mutual Funds, Securities & Real Estate with Smart Tax-Saving Strategies
Disclaimer: Nothing mentioned in this article constitutes tax advice. Tax laws are subject to frequent amendments. Please consult a Chartered Accountant or tax professional for personalised guidance. Understanding capital gains tax is crucial for every Indian investor. Whether you're booking profits from mutual funds, selling shares, or disposing of property, the taxman takes a cut. However, with strategic planning, you can significantly reduce your tax outgo. Here's your comprehensive guide to capital gains tax in India and proven tricks to keep more money in your pocket. Capital Gains Tax on Mutual Funds Equity Mutual Funds (Equity exposure >65%) Short-Term Capital Gains (STCG): If you sell within 12 months, gains are taxed at 20% (as per the latest 2024 Budget changes). This applies to both equity-oriented mutual funds and direct stock investments. Long-Term Capital Gains (LTCG): For holdings exceeding 12 months, the first ₹1.25 lakh of gains i...