Clarification required on New Tax Regime

[Subramanian Santhanam]

Whether I am eligible for 1 Lakh deduction on Capital gain if I have chosen the new tax regime. Experts kindly clarify.

Thanks.

AI Summary

Long-term capital gains exemption under new tax regime now applies to listed equity and mutual funds, limit increased recently.
Under the New Tax Regime, long-term capital gains from listed equity shares and equity-oriented mutual funds are exempt up to a specified statutory ceiling; that exemption threshold was increased with effect from a later specified date, changing the maximum exempt amount available to taxpayers who have chosen the new regime.