LTCG
Regulation & taxLong-term capital gains — profits on listed equity held over twelve months, taxed at 12.5% above a ₹1.25 lakh annual exemption.
In plain terms
Many investors deliberately harvest gains up to the exemption limit each year.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Long-term capital gains — profits on listed equity held over twelve months, taxed at 12.5% above a ₹1.25 lakh annual exemption.
Many investors deliberately harvest gains up to the exemption limit each year.