How much long-term capital gain is tax free?

Sections 54 to 54F limit the amount that can be excluded from long term capital gains tax to Rs. 10 crores. Please be aware that if this new property is sold within three years of the purchase or completion of the building, the exemption may be revoked.

What is the tax on long term capital gains section?

For gains in stocks and equity mutual funds, Long Term Capital Gainis 10%. Gains from real estate, debt funds, and other assets, as well as the advantage of indexation, are 20%.

How Do I Avoid Short-Term Capital Gains Tax?

The simplest strategy to avoid paying short-term capital gains taxes is to keep the asset for longer. Keeping the item for at least a year result in substantially lower tax rates for the taxpayer.