Tax Liability on Shares sold


This query is : Resolved 

05 October 2010 How is the tax libility on Shares sold (both Long Term & Short Term)calculated and what is the tax rate?

05 October 2010 Shares sold on stock exchange
LTCG - exempt
STCG - 15%

Shares sold other than on stock exchange
LTCG - 20%
STCG - at slab rates applicable


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