🧾 Income Tax Capital Gains Table Updated for 2025
The Income Tax Department has updated capital gains tax rates for the financial year 2024–25. These changes apply to both long-term (LTCG) and short-term capital gains (STCG) and cover various asset classes.
Notably, these are special rate incomes applicable under both the new and old tax regimes.
📌 Key Highlights
The department noted:
“Since all incomes are not taxable at the same rate, the document lists capital gains arising from securities eligible for special tax rates. It includes details about the eligible assessee, security types, and applicable tax rates.”
📊 Capital Gains Tax Rate Table
| Particulars | Section 111A (STCG) | Section 112A (LTCG) | Section 115A (Royalty/Technical Services) | Section 115AC (Bonds/GDRs) |
|---|---|---|---|---|
| Eligible Assessee | Any taxpayer | Any taxpayer | NRI & Foreign Companies | Non-Residents |
| Securities Covered | Equity shares, equity MF units, business trusts | Same as STCG | — | FCCBs, FCEBs, GDRs |
| STCG Tax Rate | 15% (before 23-07-2024) 20% (on/after 23-07-2024) | — | — | — |
| LTCG Tax Rate | — | 10% (before 23-07-2024) 12.5% (on/after 23-07-2024) | 20% on Royalty & Technical Services | 10% on Interest/Dividend |
| Basic Exemption Limit | Available to Resident Individual/HUF | Available to Resident Individual/HUF | Not available | Not available |
| Chapter VI-A Deduction | Not allowed | Not allowed | Only under Section 80LA (IFSC units) | Not allowed |
💡 Expert Insight
A tax expert explains that certain capital gains are taxed at special rates, not slab rates. This applies especially to equity shares or mutual fund units sold through recognized exchanges.
Important:
If you sell assets after July 22, 2024, you’ll face increased tax rates:
- LTCG: 12.5%
- STCG: 20%
These rates apply to gains above ₹1.25 lakh. While filing ITR for FY 2024–25, taxpayers must check the date of sale to determine the correct rate.
🙋 Deductions and Exemptions
Even under the old tax regime, deductions like Section 80C (PPF, housing loan principal) or 80D (mediclaim) are not allowed against capital gains.
However, if resident individuals or HUFs have no other income, they can still benefit from:
- ₹3 lakh exemption under the new tax regime
- ₹2.5 lakh under the old tax regime
Only gains above these limits are taxed at the applicable special rate.
