Sir, Deduction of Rs 1.25 lac is available in new & old tax regime for long term. and in short term gain , tax is normal rate in both new and old tax regime.All in respect of share and M.F. pls
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Quick Summary
This discussion clarifies the tax implications for capital gains on shares and mutual funds under both the old and new tax regimes. A deduction of Rs 1.25 lakh is available for long-term capital gains in both systems. For short-term capital gains, the tax rate remains the same across both regimes, applicable from FY 2024-25 onwards.