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Capital gains

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21 December 2011 what is the tax rate for LTCG on sale of shares and mutual fund?

what is the tax rate for STCG on sale of shares and mutual funds

21 December 2011 LTCG normally exempt u/s 10(38)(chargeable to securities transaction tax ),for others you have 2 options
1-with indexation -20%
2-with out indexation -10%

STCG(chargeable to securities transaction tax)-15%
OTHERS- taxable at normal rates applicable to assessee



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