What is Short Term Capital Gain Tax on Shares in India?

Selling shares within 12 months in India attracts Short Term Capital Gain (STCG) tax

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STCG tax rate on equity shares is 15% if STT is paid during purchase and sale

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A 4% Health and Education Cess is levied on the income tax

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No specific exemptions for STCG on shares; deductions under Chapter VI-A are possible but limited

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For a ₹100,000 gain with ₹15,00,000 income: Tax = ₹15,000, Cess = ₹660

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Consult a tax professional or use tax software for accurate calculations as tax laws may change

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What is Short Term Capital Gain Tax on Shares in India?

Selling shares within 12 months in India attracts Short Term Capital Gain (STCG) tax

Did You Know?

STCG tax rate on equity shares is 15% if STT is paid during purchase and sale

Standard Tax Rate

A 4% Health and Education Cess is levied on the income tax

Health and Education Cess

No specific exemptions for STCG on shares; deductions under Chapter VI-A are possible but limited

No Exemptions

For a ₹100,000 gain with ₹15,00,000 income: Tax = ₹15,000, Cess = ₹660

Example Calculation

Consult a tax professional or use tax software for accurate calculations as tax laws may change

Professional Advice

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