 "What is Short-term capital gains tax (STCG)?")
Short-term capital gains tax (STCG)
About Short-term capital gains tax (STCG)
What is Short-term capital gains tax (STCG)?
Short-term capital gain tax (STCG) is a tax levied on capital gains from the sale of an asset held for a short period.
What are capital gains?
The gains or profits from sale of capital assets are classified as capital gains. The most common examples of capital assets are land, building, house property, gold, trademarks, equity shares, patents, leasehold rights, machinery, etc. If a capital asset is sold within government-defined short-term holding period, gains from it are known as short-term capital gains.
How is STCG tax calculated?
After taking full value of an asset into account, deduct the expenditure incurred in connection with the
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Latest Updates on Short-term capital gains tax (STCG)
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 "Budget 2023: Many hits, few misses as Centre sticks to fiscal consolidation")
Updated On : 02 Feb 2023 | 5:43 PM IST
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Updated On : 28 Jan 2022 | 9:11 PM IST
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Updated On : 02 Jul 2020 | 4:48 PM IST
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 "Shares bought on January 31 cannot be sold on the Budget day. Here's why")
Updated On : 01 Feb 2020 | 8:33 AM IST
Budget 2020: Booster likely for capital gains on property and equity
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 "Budget 2020: Booster likely for capital gains on property and equity")
Updated On : 27 Jan 2020 | 7:20 PM IST
