Hello,
Is Capital Gain upto 1.5L tax free ?
Are the rules same/different for NRI ?
There is no tax on long term capital gains (LTCG) upto 1 lac. (Holding period> 12 months)
You can read more on this topic here : Income Tax on Equity Share Trading – Learn by Quicko
I think it’s same for NRIs as well except for the fact that TDS is deducted for them if they book gains.
@Quicko do correct me if I missed something