Glossary
/LTCG Full Form
What is the Full Form of LTCG?
The full form of LTCG is Long-Term Capital Gains.
This is the tax you pay when you make a profit on stocks you held for a long time. How long? More than 12 months. The good part is that up to 1 lakh rupees of this profit is totally tax-free every single year. Cross that 1 lakh mark, and the government takes a 10% cut on the extra amount. It’s exactly why long-term investors try to plan their stock sales carefully instead of rushing.
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