What is the calculating structure of Capital tax in Share market?



Dear friends,

I’m new in share market, Kindly advice me the capital income structure in step by step that means everybody saying that tax is calculating step by step like from 1.5 lack to 2.5 10% and from this to other amount, it is difrent calculation So please tell me the structure till 10 lack of gain…….

Thanking you in advance,

Regards
rizwan.

What is the calculating structure of Capital tax in Share market?
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One Reply to “What is the calculating structure of Capital tax in Share market?”

  1. You are really new w.r.t the market, taxation and language also.

    What you want is the slab rate and the taxation method of income from shares.

    There are 2 types of activities as regards to shares vis investment & trading.

    For long term investment you incur LTCGs which are tax free.
    For short term investment you incur STCGs which are taxed @ 15%.

    Trading income is treated as Profits from Business which is one of the heads of income.

    The tax slabs are:
    0 L – 1.6 L @ 0%
    1.6 L – 3 L @ 10%
    3 L – 5 L @ 20%
    5L > @ 30%
    Income > 10L surcharge @ 10%
    Edu Cess @ 3%

    HMT





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