Capital gains tax: Is the tax you pay on the

Capital gains tax is the tax you pay on the profit made from selling a capital asset, and understanding it can make a huge difference in how much of your earnings you actually retain. These assets are generally classified as short-term or long-term based on the holding period and taxed differently. Get a comprehensive overview of capital gains tax , including the types of gains , applicable tax rates and how to benefit from tax exemptions and deductions. Understand Capital Gains Tax in India. Our guide explains the types (Short-Term vs. Long-Term), calculation methods, and exemptions for property, shares, and other assets. Learn everything about capital gains tax FY 2024-25. Know the types of capital gains, tax rates, long term capital gains (LTCG) tax rate, short term capital gains (STCG) tax rate, classification of long term and short term capital asset, and exemptions available to save tax on capital gains income as per the Income Tax Act.