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Section 87a rebate for capital gain

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(Querist)
24 February 2026 My salary income is 8 lacs and short term capital gain under sec 111A is 2 lacs for the financial year 2025-26? Is rebate under sec 87 a applicable for short term capital gain income under new tax regime?
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Aashok Kumar Sharma

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Aashok Kumar Sharma (Expert)
25 February 2026 Under the New Tax Regime for FY 2025-26, the Section 87A rebate only covers tax on your salary. Your ₹2 lakh STCG will be taxed at 20% ($₹40,000 + Cess$), even though your total income is under the ₹12 lakh limit.
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