How Much Is Long Term Capital Gains Tax 2024. Long term capital gains (ltcg) tax: The stcg (short term capital gains) tax rate on equity funds is 15%.
High income earners may be subject to an additional 3.8% tax called the net investment income tax on both. How much you owe depends on your annual taxable income.
Long Term Capital Gains (Ltcg) Tax:
Hence, the net capital gain is rs 63, 00,000.
Estimate Capital Gains Tax Liability By Downloading Year End Documents Received From The Depositories.
These rates tend to be significantly lower than the ordinary income tax.
The Stcg (Short Term Capital Gains) Tax Rate On Equity Funds Is 15%.
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Estimate Capital Gains Tax Liability By Downloading Year End Documents Received From The Depositories.
For a net capital gain of rs 63, 00,000, the total tax outgo will be rs.12,97,800.
Explore Potential Deductions, Credits And.
Get details on tax calculation, tax exemption.
These Are Usually Taxable At The Individual's Applicable Income Tax Slab Rate.