Short Term Capital Gain on Shares (Section 111A of Income Tax Act) – STCG Tax Rate & Calculation
Investing in the Indian stock market can be a great way to grow your wealth. But when it comes time to sell your shares, understanding short-term capital gains tax (STCG) is crucial. In India, Section 111A of the Income Tax Act dictates how STCG on shares is taxed. Confused about the tax rate and how to calculate it? Don’t worry! This blog post will break down everything you need to know about STCG tax on shares in India, making tax season a breeze.