Short Term Capital Gain Hike

B

basudeo

Member
#1
#1
Hi members,

Trading community has not taken the short term capital gain hike in good spirit. The concept is not clear to me and I request the knowledge based members to throw some light on it.

Suppose, I have no any other income source and earn exactly 20,000/- per month by transacting in shares (delevery based). So my annual income is 12*20000/- = 2,40,000/- So what will be my tax liability according to new proposals (150000/- free).

What will be the difference if I earn 2,40,000/- as long term capital gain and in intra day or in f N o segment.

Thanks in advance.

Basudeo
 
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