# Incomes Taxable at Special Rates (Irrespective of Regime)
Certain incomes are taxed at fixed special rates that do not change whether the assessee is under the Default Tax Regime (DTR, s.115BAC) or the Optional/Old Tax Regime (OTR). These are income-specific rates applied separately to the relevant income component.
## Key Principles
- Special rates are the same for all persons — individuals, HUFs, companies, firms, societies, etc.
- For Resident Individuals & HUFs, any un-utilised Basic Exemption Limit (BEL) can be set off — first against STCG u/s 111A, then against LTCG u/s 112 / 112A.
- No such BEL set-off is allowed against income under 115BB, 115BBJ, 115BBE.
## Special Rate Table
| Section | Income Category | Rate |
|---|---|---|
| 112 | LTCG on land/building/both by resident Ind/HUF, acquired before 23.7.2024 | Lower of 20% with indexation or 12.5% without indexation |
| 112 | LTCG on any other capital asset | 12.5% without indexation |
| 112 | LTCG on unlisted securities/shares of CHCs by non-residents | 12.5% without indexation + foreign currency fluctuation benefit |
| 112A | LTCG on equity shares / equity-oriented funds / business trust units (STT paid) | 12.5% on LTCG exceeding ₹1.25 lakh |
| 111A | STCG on equity shares / equity-oriented funds / business trust units (STT paid) | 20% |
| 115BB | Winnings from lotteries, crossword puzzles, horse races, card games, gambling, betting | 30% |
| 115BBJ | Net winnings from online games | 30% |
| 115BBE | Unexplained income/expenditure (s.68, 69, 69A, etc.) | 60% |
## Rebate u/s 87A Restrictions
- OTR: Rebate u/s 87A is NOT available on LTCG u/s 112A.
- DTR: Rebate u/s 87A is NOT available on any special income.