WebMar 24, 2024 · No differentiation between LTCG and STCG in debt funds now. Your debt fund capital gains will be taxed as per your income tax slab rates at all times. This rule will be applicable from 1st April 2024. Till now (or up to 31 st March 2024), the gains in Debt Funds held for less than 3 years (or 36 months) were treated as Short Term Capital Gains ... WebApr 11, 2024 · The earlier tax regime took cognizance of this fact by providing for both short-term capital gains (STCG) and LTCG for such funds. Of course, STCG taxation still exists …
LTGC: Rates - Land Title Guarantee Company
WebIncome Tax I AY 2024-23 I Introduction I Part 9 I Tax Rebate u/s 87A I Tax Rates on STCG and LTCG IThe contents of this video areincome taxincome tax assessm... WebApr 13, 2024 · However, as per section 112A of the IT Act, if the LTCG arising from the transfer of listed equity share in a company or a unit of an equity-oriented fund or a unit of a business trust exceeds Rs. 1,00,000/- then it is taxed at the rate of 10% exclusive of surcharge & cess. The applicable rate of tax for Short Term Capital Gains (STCG): otte ag
How to calculate Capital Gains Tax on Shares - LTCG & STCG
WebFeb 2, 2024 · The current LTCG tax rate in India is 10% without indexation and is applied on gains exceeding Rs. 1 lakh on listed equity shares held for more than a year. Assets that create profit and are kept for a short period of time – less than a year in case of equity – are referred to as short-term capital gains (STCG). The STCG on equity is taxed ... WebApr 12, 2024 · Here is a summary of Capital Gain tax implications for Indian residents investing in US stocks: Type of Gain. Holding Period. Tax Rate. Long Term Capital Gain (LTCG) More than 24 months. 20% + applicable surcharge and fees (With Indexation Benefits) Short Term Capital Gain (STCG) Less than 24 months. WebFind the latest iShares Morningstar Growth ETF (ILCG) stock quote, history, news and other vital information to help you with your stock trading and investing. otte alcaraz garfia prediction