Capital Gain - question

A

arunricky

New Member
#1
#1
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.
 
K

kumartushar

New Member
#3
#3
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
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
Wisdom Capital Wisdom Capital Requests PM Intervention Against Impugned Peak Margin Circular General Trading & Investing Chat 1
rinku4142 need to pay capital gain tax on mutual fund switch? Mutual Funds Discussion Forum 6
Romeo1998 Tax on Long Term Capital Gains from Equity (LTCG) Taxation Matters 2
S Capital gain statement General Trading & Investing Chat 0
B How to Calculate Capital gain for Partial Withdrawal Mutual Funds Discussion Forum 2

Similar threads