Thursday, July 3, 2025

Will LTCG exemption on equity, equity mutual funds be Rs 1 lakh or Rs 1.25 lakh while filing ITR for FY 2024-25 (AY 2025-26)?

LTCG Equity Exemption for ITR Filing: The capital gains rules were amended effective July 23, 2024. The new capital rules have created confusion among those who sold listed equity and equity mutual funds throughout the year, especially because the LTCG equity exemption limit was hiked to Rs 1.25 lakh from Rs 1 lakh earlier.

from Tax-Wealth-Economic Times https://ift.tt/j7M6Zv3

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