TMI BlogClarification required on New Tax RegimeX X X X Extracts X X X X X X X X Extracts X X X X ..... Clarification required on New Tax Regime X X X X Extracts X X X X X X X X Extracts X X X X ..... gible for 1 Lakh deduction on Capital gain if I have chosen the new tax regime. Experts kindly clarify. Thanks. Reply By SANCHIT SEHGAL: The Reply: If you have chosen the new tax regime, LTCG upto ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Rs. 1,00,000/- is exempt on listed equity shares and mutual funds. However, effective from 23rd July, 2024, this limit has been increased to Rs. 1,25,000/-. X X X X Extracts X X X X X X X X Extracts X X X X ..... ing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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