Income Tax on Trading - Learn by Quicko
Income Tax on Trading - Learn by Quicko
Feb 6, 2024
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Taxation of Income Earned from Selling Shares
Taxation of Income Earned from Selling Shares
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Stock Market taxes are too complex to understand? Here’s the simplified breakdown of how your stock market gains and losses are taxed. Long-term capital gains on equity arise when listed shares are sold after holding them for more than 12 months. Short-term capital gains apply when listed shares are sold within 12 months. Intraday gains are profits from buying and selling equity shares on the same day, treated as speculative business income. File capital gains in 1 click: ClearTax revolutionizes
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