When you sell a property, the profit earned is called a capital gain. If the sale happens within 24 months, it’s treated as a Short-Term Capital Gain (STCG) and taxed as per your income slab. If it’s sold after 24 months, the profit becomes a Long-Term Capital Gain (LTCG), taxable at 12.5% without indexation (as per the post–July 2024 rule).
