To put it in another way, the tax rate is the same for each of them. Also Read: How to Calculate Profit After Tax and its various implications Capital Gains in the Short Term (STCG) Depending on the circumstances, selling listed equity shares on a stock exchange within 12 months of ...
Short Term Capital Gains (STCG)– Gains made on investment in Debt Mutual Funds held forlessthan 3 years(or 36 months). And this Short Term Capital Gains (or STCG) on Debt funds are taxed as per theinvestor’s income tax slab rate. Long Term Capital Gains (LTCG)– Gains made on inve...
or Property.Tax classified as Long Term Capital Gain Tax(LTCG) and Short Term Capital Gain(STCG) is based on the asset you sold, the time period you owned the asset. Details in our articleCapital Gain Calculator on Sale on Property, Mutual Funds, Gold, Stocks ...
During 2011, Dena has the following gains and losses: LTCG $4,000 LTCL $1,000 STCG $500 STCL $3,000 How much is Dena's tax liability if she is in the 15% tax bracket? Explain and/or show work. If he What does the em...
The only thing to understand is that each SIP instalment in Debt Fund is considered as a new investment. Hence, each SIP instalment will have its own unique holding period for the calculation of whether the gains are STCG or LTCG.