Capital Gains on sale of listed Eq. Shares (BSE) subject to STT - taxability in FY 2018-19

LTCG accrued from selling equity shares or equity oriented mutual funds are exempt from tax for maximum upto 1 lac in a financial year. The gain in excess of 1 lac shall be chargeable to tax at a flat rate of 10%.If the capital gains is short term, then it will taxable at 15% irrespective of the slab.

These changes have been enacted w.e.f.AY 18 19

Thanks a lot to Mr. Mukherjee and Hathalia. Previously, I mean before FY 2018-19, LTCG on sale of Listed Shares subject to STT was not taxable. Am I correct?

Yes, as the LTCG on sale of equity shares , or equity oriented mutual fund before f.y. 2018-19 is not taxable at all.