Lower your tax outgo by offsetting losses in equity investments
The STCG is taxed at 15% if the investor sells equity shares within 12 months of purchasing it. STCG applies when shares are sold at a price higher than the purchase price. Meanwhile, LTCG is taxed at 10% on the sale of equity shares over a threshold of Rs 1 lakh after holding it for at least one year. In both cases, the applicable cess will apply. LTCG also provides the benefit of indexation
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