Rates on stcg
This query is : Resolved
05 January 2014
SIR, PLEASE CLEAR ME AS WHAT ARE THE TAX RATE ON STCG ,AS I KONW THE STCG OF 111A IS 15% ON SECUTITIES,BUT NOT CLEAR WHAT IS THE STCG TAX RATE AND WANT TO KNOW IS THE TAX RATE APPLICABLE TO ASSESSE IS THE THE STCG TAX RATE.
05 January 2014
On shares under 111A STCG rate is 15 percent other wise on other sale of asset tax will be charged on normal income tax slab rate..
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