If some has LTCG Of Rs.5 Lakh | How 12.5% is calculated

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bobby_123

For FY 2024-25

LTCG 10% with Rs.1L Exemption limit

Tax will be 40K.

For fy 25-26

LTCG @ 12.5% with Rs.1.25L

Tax will be 46,875...

Increasing exemption limit doest seem to benefit investor.

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12.5% is applicable from July 24 2024 , so for  FY 2024-25 if 5L is sold after July 24 2024 LTCG will be 12,5%

Deal Brigadier Deal Brigadier
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yes mine target was 24000 for nifty almost hitted budget is not good as expected

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Ltcg has gone up by 2.5% /lakh 

Wavier has gone up by just 25k irrespective of quantum 

so obviously  your particular  scenario  has  negative implications  but for say 2 LAKH it would be lower by 600 + from previous regime....so it's subjective  

Yes your case you're paying more 


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2.25 lakh is the breakeven point. As long as your LTCG is less than that, you're paying less tax with the new rates and waiver.

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