New Delhi, Oct. 13 -- LTCG tax has come back into focus after SBI Research called for scrapping the tax on equities and extending the holding period to two to three years to encourage longer-term investment.

While SBI Research's proposal centres on equities, the broader debate offers an opportunity to examine how capital gains tax applies to different investments. Stocks, equity and debt mutual funds, gold and property are subject to different holding-period requirements, tax rates and exemptions.

Here is how long-term capital gains tax differs across these asset classes.

Listed equity shares qualify for long-term capital gains treatment when held for more than 12 months. Eligible gains are taxed at 12.5%, with the first Rs.1.25 lakh o...