Sale on share..

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if share sale - profit on long term share are taxable for Fy 20-21??

profit on short term on share are taxable for FY 20-21??
Replies (4)

Yes, u/s,111A of IT act, when STT paid.

For LTCG rate is 20% with indexation and 10% without indexation.

For STCG rate is 15%
Tax levied even basic limits of tax does not exceed
Not levied basic exemption reduced from capital gain


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