New STCG tax, Revised LTCG tax on property, listed (stocks, MF, ETF) and unlisted assets (Real Estate, Gold)

On 23rd July 2024, the budget presented by our FM changed the whole capital gains structure in a massive way. Capital gains include both short term capital gains (STCG) and long term capital gains (LTCG). Short term capital gains (STCG) and long term capital gains (LTCG) applies mostly on listed assets and unlisted assets both.

Difference between Short term and Long term capital gains

Capital gains definition: Capital gains are the gains arising from the sale of any type of capital assets like immovable property, equity shares (listed or Un-listed), debt-fund, mutual fund, Jewellery etc. We’ll know the difference between Short term and Long term capital gains below in detail. (source: Income tax India)