Capital Gain tax rates
This query is : Resolved
22 January 2011
What are the income tax rates for Capital gain tax with indexation and if calculated without indexation for both long term and short term for FY -2010-11
22 January 2011
No indexation available in case of Short Term.
Tax on STCG if STT paid on sale of shares then 15% otherwise taxed at slab rates
LTCG on which STT is paid is exempt from tax u/s 10(38)
LTCG is respect others and other non listed securities on which STT is not paid is taxable @ 20%
Tax on STCG if STT paid on sale of shares then 15% otherwise taxed at slab rates
LTCG on which STT is paid is exempt from tax u/s 10(38)
LTCG is respect others and other non listed securities on which STT is not paid is taxable @ 20%
22 January 2011
Is there any provision if i want to pay LTCG calculated without Indexation?
22 January 2011
Yes in case of sales of listed securities on which STT is not paid the LTCG will be calculated @ 10% without indexation and 20% with indexation.
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