LTCG
Long-term capital gains: on equity funds held over 12 months.
Example
Book ₹1.5 lakh of long-term equity gains and ₹25,000 is taxed at 12.5%, about ₹3,125 plus cess.
Learn more in Using your yearly tax-free gains (4 min).
See also: STCG, Tax harvesting
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