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Exit Guide

What is the Tax Rate on Long-term and Short-term Capital Assets?

Let us first understand what long term and short term capital assets mean.

 
Long-term capital assets Short-term capital assets
Assets that you have owned for
more than 36 months		 Assets that you have owned for less than 36 months

Generally, Capital Gains Tax rate on:

  • Short-term gain from a capital asset is 15%
  • Long-term gain is 20%
  • The sale of long-term equity shares is 10%

Let's look at the exemptions to capital gains tax in the next section

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