Tax rate of STCG with STT for AY 09-10

Tax queries 1389 views 4 replies

Hi,

 

What is the applicable rate of tax of short term capital gain with Securities Transaction tax for the Assessment year 2009-10.

 

Thanks.

Replies (4)
The short term capital gains tax on sale of equity shares and units of equity oriented mutual funds where the transaction is subject to STT for the A.Y. 09-10 is 10.3% (including education cess)

The Special Tax Rate for STCG with STT is  15% for the AY 2009-10. (15.45% with EC& HEC)  

Originally posted by : Paras Bafna

The Special Tax Rate for STCG with STT is  15% for the AY 2009-10. (15.45% with EC& HEC)  

Its 15%+ edu. cess 2% + SHEC. 1%


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