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Topic: General Discussion

There is no tax on dividend. When you sell any asset you own (house, land, shares, mutual fund units, gold, debentures, bonds), and you make a profit on the sale, it is known as capital gain. If you sell your shares after a year, the profit you make is referred to as long-term capital gain. There is no tax on long-term capital gain. If you sell it within a year of buying, it is referred to as short-term capital gain and taxed at 10% of the profit made.

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Which date is to be taken as date of BUY? Is it date of trade or date of creditting share in your account?

 

 

 

 

F&O tax rate is higher(15% I think)

good information. thanks

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