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tax rates on capital gains


06 June 2017 Will income tax on STCG on sale of non- agriculture land be calculated according to normal tax slab? And what about LTCG?

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06 June 2017 yes, in this case STC G is chargeable at slab rates. Had it been LTCG, tax rate would have been 20 %

06 June 2017 Agreed but i would also suggest to look at section 54 exemptions

07 July 2017 what will be the capital gains tax on sale of agricultural land? or sale of agricultural land is exempt?

30 July 2017 if land is in rural area then exempt

30 July 2017 if in urban then taxable


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