LTCG Above ₹1.25 Lakh — How Much Tax?
Only equity LTCG above ₹1.25 lakh is taxed at 12.5%. For ₹3 lakh total gain: taxable = ₹1.75L, tax = ₹21,875. For ₹5 lakh gain: taxable = ₹3.75L, tax = ₹46,875. Gains below ₹1.25L = zero tax.
LTCG — 12.5% above ₹1.25L
₹3,00,000
Tax Payable
₹21,875
LTCG Exemption
₹1,25,000
Tax Rate
12.5%
Long-Term Capital Gain (held 12+ months): 12.5% on gains above ₹1.25L — no indexation benefit (Budget 2024).
For listed equity shares and equity mutual funds only. Rates as per Budget 2024 (effective 23 July 2024).
Weekly Indian rate update
RBI repo, top FD rates, tax deadlines. Free. No spam.
Calculated with CalcHub