Long term capital gain tax rate on sale of property
18 Apr 2019 On sale of any property, you are liable to pay either short-term or long-term In case of immovable assets, long-term capital gains are taxed at 20 per cent, Tax Rate. Education Cess. Secondary and Higher Education Cess. 12 Dec 2018 Some examples of capital assets are land, building, house property, Purchase after 31/1/2018 and sale on or after 1/4/2018- LTCG will be If you are in the 30% slab, you will end up paying 30% of 5 Lakhs as short-term capital gains tax on sale of property. But long-term capital gains will be taxed at a lower rate of 20%. Here, you will get the benefit of indexation also. Indexation will help you in reducing your tax liability.