Query on short term gain from selling of shares

Sridhar (IT) (23 Points)

18 February 2021  

Dear Sir/ Madam,

 

I am having a query regarding sale of listed equity shares within one year of holding. What would be the tax that I would have to pay. I am in the 30 % tax bracket. Will the short term gain added to my personal income or is taxed at a different rate?

 

Thankd