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How is long term capital gain tax is calculated on equity. Please explain with an example .?

April 26, 2017Business calculated Capital Finance gain India tax taxes term

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How is long term capital gain tax is calculated on equity. Please explain with an example .?

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If you hold equity for more than 1 year , it comes under long term gain. There is no tax on long term gain. If you sell within 1 year, it comes under short term gain.