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What is the tax rate on short term capital gain on which STT has not been charged?


stt:securities transaction tax

Short term STT paid shares is 10% flat. Other short term capital gains has no fixed tax rate and the gains will be added to your regular incomes namely salary, income from house property, Income from other source. On the total income you have to pay tax as per slab rate.Mr. Reddy is right.


CA. Deepak
tax rate short term capital gain on which STT is not charged is- such STCG will be added in Normal income like salary, House property, Business and profession and then will taxed at these rates
on first 100000 Nil
on next 50000 10%
on next 100000(up to 250000) 20%
on balance(above 250000 income) 30%



If STT charged on such STCG then tax u/s 111A is 10% flat rate
Rajat Mittal (B.com, LLB MBA(pursuing)
It will be added to yournormal income and willbe taxed according to applicable incometax slab.
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