Gains on listed shares and equity mutual funds

Capital gains tax on listed equity shares and equity-oriented mutual fund units on which securities transaction tax is paid.

Rates apply to transfers on or after 23 July 2024: short-term (12 months or less) 20%; long-term 12.5% on gains above ₹1,25,000 a year. Shares bought before 1 February 2018 may have a grandfathered cost, which is not applied here. Surcharge is not included; 4% cess is.