20 or 10 for calculation of long term capital gain doubt

honourable CA club India ,for calculation of long term capital gain 20%or 10% ?? plse tell me
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Quick Summary
This discussion clarifies the tax rates for Long Term Capital Gains (LTCG). For equity shares, equity funds, and ULIPs, the rate is generally 10% on gains exceeding £1 lakh, applicable since FY 2018-19. For other assets like debt funds and real estate, the rate is 20%, with indexation benefits available to reduce the taxable amount.

For most assets like equity shares, equity mutual funds, and equity-oriented unit-linked insurance plans (ULIPs), the long-term capital gains tax rate is 10% on gains exceeding Rs. 1 lakh. This rule was introduced in the Union Budget 2018 and is applicable from the financial year 2018-19 onwards.

For assets like debt mutual funds and real estate, the long-term capital gains tax rate is 20% on gains after allowing for indexation benefits. Indexation is a technique to adjust the purchase price of an asset for inflation, which reduces the tax liability.

Thank you @ Rakesh ishi honourable sir, please always guide me ......

10% in below cases (without indexation):

For all assessees - u/s 112A
LTCG above 1 lakh on:
1. Equity Shares
2. Equity funds
3. Units of business trust

For resident assessees - u/s 112
LTCG on:
1. Listed securities (other than units)
2. Zero coupon bonds

For NR and foreign companies - u/s 112
LTCG on:
1. Unlisted securities
2. Shares of closely held companies.

20% for all other (with indexation).

@ Thank you Soo much Manish sir

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