scorecardresearchLong-term capital gain: How to avail tax exemption?

Long-term capital gain: How to avail tax exemption?

Updated: 28 Aug 2022, 11:31 AM IST
TL;DR.
When you sell an asset after holding it for three years, you are liable to pay long term capital gains tax. We decode its nuances including tax rate it accrues, exceptions that apply and exemptions you can seek. Read further to find out.
The long-term capital gain draws a tax of 20 percent (plus surcharge and healthy & education cess).

The long-term capital gain draws a tax of 20 percent (plus surcharge and healthy & education cess).