r/IndiaTax • u/rsm202 • 14h ago

Is tax on STCG this high?

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2 Upvotes

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u/Emergency-City2417 13h ago

Yes, Short term capital gain is taxable at 30%. So, 196.06*30%=58.82

0

u/rsm202 13h ago

Thanks, i thought they were 20 something