Indian Taxation Guide: Capital Gains & New Regime Slabs
A definitive mathematical reference for equity mutual funds, direct stocks, and individual salary tax rules.
1. Individual Income Tax Slabs (New Tax Regime)
Standard Deduction of ₹75,000 applies to salaried taxpayers. Section 87A rebate ensures zero tax liability up to ₹12,00,000 taxable income.
| Taxable Income Bracket (₹) | Applicable Tax Rate |
|---|---|
| ₹0 to ₹3,00,000 | NIL |
| ₹3,00,001 to ₹7,00,000 | 5% |
| ₹7,00,001 to ₹10,00,000 | 10% |
| ₹10,00,001 to ₹12,00,000 | 15% |
| ₹12,00,001 to ₹15,00,000 | 20% |
| Above ₹15,00,000 | 30% |
2. Capital Gains Tax on Equity & Mutual Funds
Applicable to Equity Mutual Funds (>65% equity) and Listed Stocks held for 12 months or less.
Applicable to Equity Mutual Funds and Stocks held for more than 12 months. Gains up to ₹1,25,000 per financial year are completely exempt.
Frequently Asked Questions on FY 2026–27 Taxation
What is the Section 112A LTCG tax rate on mutual funds and stocks in FY 2026-27?
Long-term capital gains on equity mutual funds and listed shares held for more than 12 months are taxed at 12.50% on gains exceeding the threshold exemption limit of ₹1,25,000 per financial year.
What is the Section 87A rebate limit in the New Tax Regime?
Under the New Tax Regime for FY 2026-27, resident individuals with total taxable income up to ₹12,00,000 receive a full tax rebate under Section 87A, resulting in zero net income tax liability.
Is there a Standard Deduction under the New Tax Regime?
Yes, salaried employees and pensioners receive a flat statutory Standard Deduction of ₹75,000 from their gross salary before computing taxable income.
InvestResearch India is an independent educational and analytical technology platform. We are NOT a SEBI-registered Investment Adviser (IA) or Chartered Accountancy firm. The computations displayed above represent mathematical simulations based on the Union Budget FY 2026–27 New Tax Regime, Section 112A (12.5% LTCG above ₹1.25 Lakhs), Section 111A (20% STCG), and Section 87A rebate rules. Tax regulations and notifications are subject to statutory amendments by the Ministry of Finance, Government of India. Please consult a qualified Chartered Accountant (CA) or tax consultant for official return filing and individualized tax advice.