New Delhi, Aug. 10 -- The capital gains tax regime introduced after the Union Budget 2024 has brought a more uniform tax structure for several asset classes, with long-term capital gains (LTCG) generally taxed at 12.5%, while short-term capital gains (STCG) continue to vary depending on the type of investment and whether securities transaction tax (STT) applies.

For equity mutual funds, exchange-traded funds (ETFs) and stocks, the holding period required to qualify as a long-term investment is more than 12 months. STCG on these assets is taxed at 20%, while LTCG is taxed at 12.5% on gains exceeding the applicable annual exemption threshold.

Gold ETFs, REITs and InvITs also qualify for LTCG treatment after a holding period of more than 1...