tax rate for capital gains?

Forums Capital Gains tax rate for capital gains?

tax rate for capital gains?

At what rates capital gains are charged to tax?

Profile photo of  Sharad Gaikwad Asked By: Sharad Gaikwad 1 replies 1 helpful answers Last Updated: 7 months, 3 weeks ago
  • Profile photo of  Sharad GaikwadSharad Gaikwad
    Participant

    At what rates capital gains are charged to tax?

  • Profile photo of Chetan ChandakChetan Chandak
    Moderator

    “i) Capital Gain Tax Rate for all Assets except Shares and Mutual Funds is as follows:

    a) In general Short Term Capital Gain, applicable tax rate is as per normal Income Tax slabs
    b) In general Long Term Capital Gain, applicable tax rate is 20% post indexation and 10% without indexation

    ii) Long Term Capital Gains arising on the sale of Shares and Equity Oriented Mutual Funds are exempted under Section 10(38) and Short Term Capital Gains arising on the sale of Shares and Mutual Funds are taxed @ 15% under Section 111A provided that

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