STCG on equity shares/ETF-sundeep


This query is : Resolved 

Quick Summary
This discussion clarifies the advance STCG tax for senior citizens on equity and ETF gains. It explains that tax is generally not applicable unless there's other income under PGBP (Profit from Business or Profession). The conversation touches upon the threshold for paying this tax, indicating it's not a universal requirement for all gains.

(Querist)
06 May 2025 Do senior citizens have to pay the advance STCG tax on equity/ETF gains viz 20%? How much minimum gains are necessary to pay?

06 May 2025 No need unless there be any income u/h. PGBP.

sundeep (Querist)
07 May 2025 SIR, WHAT IS PFBP? IS IT PROFIT FROM BUSINESS/PROFESSION

07 May 2025 Yes, It is PGBP...

28 September 2025 Good luck.....


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