Gains arising from the sale of listed equity shares held for less than 12 months are treated as short-term capital gains (STCG). If your total income does not exceed the basic exemption limit, no tax liability may arise. Where total income exceeds the basic exemption limit, only the portion above the threshold will be taxed at the applicable STCG rate, along with surcharge (if applicable) and education cess. If I set up an HUF account and invest money in debt funds that pay regular coupons, can I minimize tax by utilizing the HUF’s basic exemption limit and lower tax slabs for the ₹ 4-8 lakh bracket? The same income slabs, basic exemption limits and tax rates applicable to individual taxpayers (under the old or new tax regime) also apply to an HUF.

Source: Mint March 02, 2026 14:52 UTC