Rebate_Capital Gains
This query is : Resolved
14 February 2025
Dear Experts,
For FY 24-25 , rebate on short term capital gain is allowed if net total income is below Rs 5L under old regime. However is the same available under new regime if net total income is below Rs 7L. Last year the same was controversial , but is there any clarification for FY 24-25 for new regime?
Also in Budget 2025 , is it removed for both - old and new scheme?
Please advice
Regards,
For FY 24-25 , rebate on short term capital gain is allowed if net total income is below Rs 5L under old regime. However is the same available under new regime if net total income is below Rs 7L. Last year the same was controversial , but is there any clarification for FY 24-25 for new regime?
Also in Budget 2025 , is it removed for both - old and new scheme?
Please advice
Regards,
Dhirajlal Rambhia
(Expert)
18 February 2025
Rebate over STCG with eligible total income will not be allowed under new tax regime for AY 2025-26.
Removed for new regime.
Removed for new regime.
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