Income Tax Calculations for FY 25-26: Have you earned Rs 5 lakh in capital gain from equity, debt funds, gold, or property sale? Know how much tax you need to pay
Capital Gain Tax Calculations: Capital is a profit earned from the sale of a capital asset. The asset can be equity (stocks and mutual funds), jewellery, a building, land or a virtual asset such as cryptocurrency. While long term capital gain (LTCG) for most assets are taxed at a 12.5 per cent without the benefit…