Income tax LTCG FY 23-24,24-25

Income Tax Income from Capital Gains
1

Hi, Greetings for the day. Is indexation benefit available for shares bought few years ago (LTCG) in PY 23-24 I have sold few AND want to sell few more in March 2025 PY 24-25 ( advise on BOTH years please. Thank you.

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Hello @Vik,

In the case of shares, the indexation benefit was available only on unlisted shares. In the case of listed shares, LTCG is applicable at 10% if shares are sold before 23/07/2024. After the changes introduced in the budget, the indexation benefit is now not applicable on shares, and LTCG is taxed at a flat rate of 12.5%.

Hope this solves your query!