Archive · 27 Jul 2025
2025 ITR Filing: New Capital Gains Rules and Key Changes
When you file your taxes (ITR), things have changed.
The deadline is later this year.
If you sell things like stocks, there are new rules about how much tax you pay.
Basically, there's a new flat tax for long-term gains.
Also, the amount of money you can make before paying tax on your stocks has increased.
The government also made changes for your retirement savings and foreign assets.
It's important to understand these changes to file correctly.
ITR filing deadline for salaried individuals extended to September 15, 2025.
New capital gains tax rules effective from July 23, 2024, with a flat 12.5% LTCG tax.
LTCG exemption threshold raised to ₹1.25 lakh for equity investors.
Deduction for employer contributions to NPS increased to 14% for private sector employees under the new regime.
Penalty waived for non-reporting of foreign financial holdings up to ₹20 lakh.
- Who
- Taxpayers, particularly those with capital gains, salaried individuals, and those with foreign assets.
- What
- Changes to Income Tax Return (ITR) filing for assessment year 2025, particularly related to capital gains and other tax provisions.
- When
- Tax changes effective July 23, 2024; ITR filing deadlines vary by category.
- Where
- India.
- Why
- To inform taxpayers of new regulations and deadlines for the 2025 ITR season, following announcements in Budget 2024.
Old Tax Regime
New Tax Regime
Tax Benefits on Real Estate
Old Tax Regime
Indexation benefits for real estate.
New Tax Regime
Higher tax rates on capital gains
- ITR Filing Deadline (Salaried)
- September 15, 2025
- Capital Gains Rule Cut-off
- July 23, 2024
- LTCG Tax Rate
- 12.5%
- STCG Tax Rate
- 20%
- LTCG Exemption Threshold
- ₹1.25 lakh
- NPS Deduction (Private Sector)
- 14%
- Foreign Asset Penalty Waiver
- Up to ₹20 lakh
