Current Affairs · Taxation and Economy
In the ITR Forms 1 and 4 notified for AY 2025-26, what is the maximum limit of long-term capital gains (LTCG) from listed equities/units allowed for filing returns under these simplified forms?
- 1Long-term capital gains up to ₹1.5 lakh
- 2Long-term capital gains up to ₹1.25 lakh✓
- 3Long-term capital gains up to ₹1 lakh
- 4Long-term capital gains up to ₹50,000
Correct answer
Long-term capital gains up to ₹1.25 lakh
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