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Q.

Who much tax is levied if shares r sold before one year?

Tags: money, law & legal
Asked by vidya, 19 Aug '11 04:25 pm
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Answers (1)

1.

Before 1 year it will be Short term capital gains of 15% is applicable.
For day trading it may be considered business income and IT department may ask 30% but for retail investors it is always STG at 15%
Answered by Batao Na, 19 Aug '11 04:28 pm

 
  
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