03/09/2022 Financial & Legal Services
As you know, all transactions that take place in the country are taxed. Stock market related transactions are not exempted from this rule. But the tax on stock trading in India differs from that on other financial transactions. In this article, we will discuss all taxes levied on stock market transactions and how they concur or differ based on duration of holding the securities. The different taxes we will look at include taxes on transactions and on capital gains.
Taxes on Transactions
When you take a trade on the stock market, you have to pay certain brokerage charges as well as other taxes levied on the transaction. Generally, these taxes are levied as a percentage of the transaction value and may differ based on the type of security (equity, derivatives, commodities, etc.). Now, let us look at the tax on share market trading in India and find out the different percentages for each segment and type of trade. For more details about Tax on stock trading please visit to this blog https://kundkundtc.com/blog/tax-on-stock-trading/
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