The net profit an investor makes after selling a capital asset

for more than it cost to buy is referred to as capital gain.

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Capital assets include things like land, buildings, housing, cars,

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jewellery, patents, trademarks, and leasehold rights.

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There are two types of Capitals-Short - Term Capital and Long Term Capital

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On Sale of Equity Shares Over & Above 1 Lakhs - 10% Long Term Capital Gain Tax

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Except on Sale of Equity Shares - 20% Long Term Capital Gain Tax

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On securities Transaction Tax is not applicable on Short Term Gain Capital

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If Securities Transaction Tax is applicable- 15% Tax is applicable on Short Tem Capital

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For debt mutual funds to count as a long-term capital asset, they must be held for more than 36 months.

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