what is the STCG rate

stcg is taxble @ as a normal rate. if stcg is 115 then tax rate 15%

it is 15%

Agreed STCG rate is 15%

15%

hi

its 15% on above income part after adjusted within basis tax free limit.

Regards

15% is for sec 111A  STCG i.e on Shares  and  for other it is taxed @ normal rate

Agree with Mr.Ronil....Friends kindly go through the section 111A for applicability of 15%

If the short term capital gain is covered by the provisions of section 111A (for equity shares/equity oriented mutual fund), then the same shall be charged at the flat rate of 15% otherwise the same shall be taxed as the normal income and shall be chargeable to tax using the normal slab rate of tax.

Ok.

15%
 for listed shares

rest f items like jwellery or land nt held fr more den 3 yrs wud b taxed at slab rates

STCG u/s 111A @ 15% (on which Securities Transaction Tax is paid)........

on other assets @ normal slab rate.........

Short term capital gain will be taxed @ 30% i.e normal if capital assest is held  upto the period of 36 months.

However, where the capital asset is listed shares and hold upto the period of 12 months then tax rate would be applicable @ 15% under section 111A.

it is also said that under new Direct tax code LTCG & STCG WILL BE SAME RATE....

TAX RATE ON STCG IS 15%