Rate for capital gain
This query is : Resolved
19 August 2023
GM,
I am an accountant in a proprietor firm, the owner has already crossed 30% limit of IT, now getting long & short term profit from Equity & FO. my question is what rate is applicable for those capital gain?
Thanks & Regards,
I am an accountant in a proprietor firm, the owner has already crossed 30% limit of IT, now getting long & short term profit from Equity & FO. my question is what rate is applicable for those capital gain?
Thanks & Regards,
19 August 2023
Equity: STCG 15% & LTCG 10% (after 1 lakh exemption)
F&O at slab rate.
F&O at slab rate.
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19 August 2023
Thank u for your valuable reply, one more thing for intraday there is same as F & O?
19 August 2023
Yes, rate of tax remains same as slab rate. Only difference is, it comes under speculative business.
10 September 2024
Good Luck.
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