Addition of capital gains with other income heads

Income Tax Income from Capital Gains
1

Are capital gains from the equity market taxed separately even though income from the other four heads (i.e., salary, business/profession, house property, and IFOS) falls below Rs 2.5L in a financial year?
Or,
All heads’ income is summed up and taxed according to the slab rates?

2

Hi @SAAD625

Capital gains from equity market trading are taxed under “Income from Capital Gains” at the applicable rate.

If your total income from all five heads of income is below 2.5 lakhs in a financial year, then it is taxable at nil rate, ie, no tax is payable.

Hope this helps.