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Calculate IT on LTCG AND STCG for the FY 2025-26

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Subbiah Mathurappan

143 Points Posted on 11 November 2025

Shall we add LTCG and STCG with salary and income from other sources if the total amount is within basic exemption limit of ₹12,00,000 to find the IT for the F.Y.2025-26. Please clarify. Thanks.

Replies (3)

Quick Summary

This discussion clarifies how to calculate Income Tax (IT) on Long Term Capital Gains (LTCG) and Short Term Capital Gains (STCG) for the Financial Year 2025-26. It explains that LTCG and STCG should not be simply added to salary and other income to check against the basic exemption limit. Instead, total income is computed first, and then specific tax rules and rates for capital gains are applied. The basic exemption limit of ₹3,00,000 for individuals under 60 is also mentioned in relation to overall tax liability.

Rama chary Rachakonda

Master in Accounts & high court Advocate

9620 Points Posted on 12 November 2025

You do not add LTCG/STCG with other income just to check if it is within the basic exemption limit for exempton. Instead, you compute total income including alll sources, then apply tax rules for each component (like LTCG/STCG tax rates). If total income is below Rs.3,00,000 (for individuals ,<60 years), no tax is payable on total income considering basic exemption.