You get a ₹1.25 lakh exemption on Long-Term Capital Gains (LTCG) for listed equity shares and equity mutual funds, with gains above that taxed at 12.5%; for other assets like real estate, you can choose 20% with indexation or 12.5% without, and further exemptions (like Sections 54, 54EC) are available by reinvesting gains into specific assets

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