Listed equity and equity-oriented funds historically enjoyed zero long-term capital gains tax until reforms introduced a taxed regime beyond specific holding periods. Short-term gains face higher rates tuned to discourage churn.
Grandfathering clauses protected notional gains up to cut-off dates — your broker statement may be wrong; download trade logs from AMCs and reconcile purchase NAVs for shares migrated between demats.
Loss harvesting matters: set off rules pair STCL against STCG before carrying forward balances across years within statutory limits.
International equity feeder funds may be treated as debt funds for tax — do not assume Indian equity rules apply by headline category name alone.
Day-traders mixing business income and capital gains may face scrutiny; structure activity intentionally with CA guidance if scale grows.
FAQs
Clear answers in plain language. Educational guidance only.
What is this guide about?⌄
Is this personalised financial advice?⌄
How often is this updated?⌄
Can I use Finkoin tools with this article?⌄
Related articles
More in Tax
- 11 min read
Indian Income Tax Explained Simply (FY 2025-26)
FY vs AY, ITR forms, tax slabs, 87A rebate, TDS (Form 16/AIS/26AS), and old vs new regime — beginner guide for India.
- 14 min read
Old vs New Tax Regime (FY 2025-26) — Which saves more?
A practical decision guide: deductions that matter (80C/80D/HRA/24(b)/NPS), proof checklist, and quick examples.
- 11 min read
How Home Loan Tax Benefits Work — Section 80C and 24B Explained Simply
Principal vs interest, possession rules, joint-owner stacking, and why under-construction EMIs can disappoint.