Why LTCG tax is back in focus: What the 12.5% rate and ₹1.25 lakh exemption mean for investors

The long-term capital gains (LTCG) tax is in the spotlight again as SBI Research has suggested abolishing it for equity investments. The current LTCG tax rate is 10% on gains exceeding ₹1 lakh, with an exemption of ₹1.25 lakh on eligible equity gains. Additionally, property taxation rules and their implications for investors are also being discussed.