What Every Investor Must Know Before Selling Assets

Long-term capital gains (LTCG) are profits earned from selling assets held over a specified period. In India, the definition of “long-term” varies depending on the asset—typically more than 12 months for equities and over 24 or 36 months for property and other assets. Understanding how LTCG is taxed is crucial for investors, as the applicable tax rates, exemptions, and deductions can significantly impact overall returns.

Knowing the rules around LTCG helps you plan better an......