On redemption of shares and equity-oriented mutual funds, long term capital gains tax is levied at 10 percent when they are sold after holding for over 12 months, and total gains amount to over ₹one lakh in a year.
Budget 2024: Long term capital gains tax and the holding period for different assets - explained
livemint.com - 17 Jan 2024 13:13
On redemption of shares and equity-oriented mutual funds, long term capital gains tax is levied at 10 percent when they are sold after holding for over 12 months, and total gains amount to over ₹one lakh in a year.
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