Capital gain on mutual funds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 September 2010
If I have earned short term capital gain both with or without paying securities transaction tax then what is the tax rate & tax treatment for the both for FY 2009-10 & FY 2010-11.

Also what will be tax treatment if it is long term capital gain?

Please reply at the earliest.

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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17 September 2010 Short term capital gain with STT : 15 %

Short term capital gain without STT : 30 %

Long term capital gain with STT : exempt.

Long term capital gain without STT : 10 %
(Without indexation benefit)

Long term capital gain without STT : 20 %
(With indexation benefit)