I am Senior Citizen, with no net taxable income.
However i sell some stocks, does that attaract LTCG/STCG ?,if yes at what RATE?
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LTCG...FOR SRCTZ WITH NO NET TAXABLE INCOME
Replies (3)
Ltcg on stocks will attract 10% tax
but the tax would become payable when your total taxable income exceeds 3 lacs
but the tax would become payable when your total taxable income exceeds 3 lacs
Please post value.
if total net taxable income is below the threshold of Rs 3 lac,
do not worry about LTCG/STCG
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