How much income tax do I need to pay for a stock market investment?

 

 

  1. There is no income tax for stock market investment.
  2. If you sell your stock the same day, when you bought, the profit you made (selling price minus buying price with all charges)  will be considered as your income and be charged at your regular income tax levels.
  3. If you sell your investment stocks within One Year, the gains you made (Selling price minus buying price with all charges) will be taxed at 15%.
  4. If you sell your investment stock after one year, the gains you made (selling price minus buying price with all charges) will be treated as Long Term Capital Gains (LTCG) and will be taxed at 10%. This tax will be for gains beyond 1,00,000 (Total gains minus 1,00,000 will be charged at 10%)

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