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Capital Gain - question

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  #1  
Old 1st February 2008, 08:48 AM
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arunricky is on a distinguished road
Default Capital Gain - question

Just need to know that if one do not have any other source of income. do he/she still have to pay capital gain tax on shares?

I checked an online calculator which was showing 0 capital gain tax for not having any other source of income but was showing capital gain tax with other source of income.

Thanx.
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  #2  
Old 6th February 2008, 02:18 PM
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Default Re: Capital Gain - question

Can you please point me to the location of this calculator?
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  #3  
Old 6th March 2008, 11:57 PM
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Default Re: Capital Gain - question

short term capital gain are chargeable @10%
and other income @slab rates
if TOtal taxable income including STCG is less then the exemtion limit then whole STCG is exepmt
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