Hey @ValueInvestor0
Let us understand taxes on your income situation: (Assuming under new regime)
Income 1 : Taxable Salary - 12,00,000 (12.75-0.75 standard deduction)
Income 2 : LTCG of 1.25 lakhs
Income 3 : STCG from debt - 75000
Total Income chargeable to tax at normal rate = 12.75,000
Tax on normal Income = 71,250 + cess.
LTCG of 1.25 lakhs will be exempt.
Hope, this helps.