I’m glad you asked this. I have seen you commenting in many threads and felt surprised that you asked this seemingly silly question. I felt that the LTCG (beyond 1.25L) and STCG were applicable irrespective of the tax slab. However I was wrong. There’s a basic exemption limit of 2.5L (3L for senior citizens) until which there is no special rate taxes as well.
Screenshot from reddit post 3 years back:
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