What is the tax on short term capital gains ? mainly Equitys

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What is the tax on short term capital gains ? mainly Equitys
Replies (3)

If trading in equity delivery is considered a capital gains income, here are the tax rates:
STCG - 15% under Section 111A
LTCG - 10% in excess of INR 1 lac under Section 112A
If trading in equity delivery is considered a business income, it is taxable at slab rates.

Originally posted by : Sakshi Shah
If trading in equity delivery is considered a capital gains income, here are the tax rates:
STCG - 15% under Section 111A
LTCG - 10% in excess of INR 1 lac under Section 112A
If trading in equity delivery is considered a business income, it is taxable at slab rates.

I also agree with @ Shah G

Thank you sirs

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