Equity Product
Last Updated on: 19 Mar 2026
| In Case of Non- Resident | ||||
| Product | Tax on Short-Term Capital Gain | Tax on Long-Term Capital Gain | ||
| Listed equity shares (STT Paid) | 20% | 12.5% on capital gain exceeding Rs. 1,25,000* | ||
| Listed equity shares (STT not paid) | Normal tax rate | 12.5% without indexation | ||
| Unlisted equity shares | Normal tax rate | 12.5% without indexation and forex fluctuation | ||
| Listed Preference shares | Normal tax rate | 12.5% without indexation | ||
| Unlisted Preference shares | Normal tax rate | 12.5% without indexation and forex fluctuation | ||
| GDRs | Normal tax rate | 12.5% without indexation and forex fluctuation | ||
| Share warrants | Normal tax rate | - | ||
| Equity Oriented Mutual Funds (If STT Paid) | 20% | 12.5% on capital gain exceeding Rs. 1,25,000* | ||
| Equity Oriented Mutual Funds STT (if not Paid) | Normal tax rate | 12.5% without indexation | ||
| Derivatives | - | - | ||
Debt Product
Last Updated on: 19 Mar 2026
| In Case of Non- Resident | ||||
| Product | Tax on Short-Term Capital Gain | Tax on Long-Term Capital Gain | ||
| Sovereign Gold Bond (Listed) | Normal tax rate | 12.5% without indexation | ||
| Capital Indexed Bond (Listed) | Normal tax rate | 12.5% without indexation | ||
| Capital Indexed Bond (Unlisted) | Normal tax rate as per Section 50AA | Taxable as a short-term capital gain at applicable rates as per Section 50AA | ||
| Zero-coupon Bond | Normal tax rate | 12.5% without indexation | ||
| Any other Bond (Listed) | Normal tax rate | 12.5% without indexation | ||
| Any other Bond (Unlisted) | Normal tax rate as per Section 50AA | Taxable as a short-term capital gain at applicable rates as per Section 50AA | ||
| Debentures (Listed) | Normal tax rate | 12.5% without indexation | ||
| Debentures (Unlisted) | Normal tax rate as per Section 50AA | Taxable as a short-term capital gain at applicable rates as per Section 50AA | ||
| Market Linked Debentures (MLDs) | Normal tax rate | - | ||
| Specified Mutual Funds (SMFs) | Normal tax rate | - | ||
| Other Mutual fund | Normal tax rate | 12.5% without indexation | ||
