LTCG
Long Term Capital Gains. Profits from selling equity shares held for more than 12 months. In India, LTCG above 1.25 lakh per year is taxed at 12.5%.
Related Terms
80C Deduction
Section 80C of the Income Tax Act allows deductions up to Rs 1.5 lakh per year for investments in EL...
Capital Gain
The profit realized when a security is sold for more than its purchase price. In India, classified a...
Holding Period
The duration for which an investor holds a security. Determines tax treatment: equity held over 12 m...
Insider Trading
Illegal practice of trading securities based on material, non-public information. SEBI actively moni...
KYC
Know Your Customer. A mandatory verification process required by SEBI before opening a demat or trad...
PAN
Permanent Account Number. A 10-digit alphanumeric identity issued by the Income Tax Department. Mand...