LTCG
Definition
Long Term Capital Gains — profit from selling assets held for more than a specified period. For equity/mutual funds: 12+ months. For property: 24+ months. For gold/debt funds: 36+ months. LTCG on equity above ₹1 Lakh is taxed at 10%.
Long Term Capital Gains — profit from selling assets held for more than a specified period. For equity/mutual funds: 12+ months. For property: 24+ months. For gold/debt funds: 36+ months. LTCG on equity above ₹1 Lakh is taxed at 10%.