Capital Gain tax rates

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S SHAH (Querist)
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22 January 2011 What are the income tax rates for Capital gain tax with indexation and if calculated without indexation for both long term and short term for FY -2010-11

Aditya Maheshwari

Aditya Maheshwari (Expert)
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22 January 2011 No indexation available in case of Short Term.

Tax on STCG if STT paid on sale of shares then 15% otherwise taxed at slab rates

LTCG on which STT is paid is exempt from tax u/s 10(38)

LTCG is respect others and other non listed securities on which STT is not paid is taxable @ 20%

S SHAH

S SHAH (Querist)
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22 January 2011 Is there any provision if i want to pay LTCG calculated without Indexation?

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Aditya Maheshwari

Aditya Maheshwari (Expert)
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22 January 2011 Yes in case of sales of listed securities on which STT is not paid the LTCG will be calculated @ 10% without indexation and 20% with indexation.