Income tax on STCG

Puneet (Enterprenur) (8 Points)

13 January 2022  

I am an individual with gross total income of 680000 which include short term capital gain from selling shares of Rs 28000.  I am told i have to pay STCG 15% , does it mean i count 15% on 28000 and subtract this amount from total income i.e. 680000-28000=652000 and calculate income tax on 652000 seprately.