Comment on Taxation Simplified

Nithin Kamath commented on 23 Oct 2013, 07:24 AM


Short term capital gain is basically the profit you make from short term trading in equities. By short term in India means equity position you take and sell anytime before 1 year(even intraday trading), if you hold it for more than 1 year it is called long term capital gain for which there are no taxes.

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