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Capital gains

Karan Bansal

What will be my tax liability if I have just have stocks (No other income) and sell them after 1 year and get 20 Lakhs as capital gains. Will these 20 lakhs be taxed at flat 10% or they will be taxed differently?

Inquiry on Tax Rate for Capital Gains from Stock Sale After One Year: Is It 10% Flat? An individual inquired about the tax liability on capital gains from selling stocks after one year, resulting in 20 lakhs in gains, with no other income. The question focused on whether these gains would be taxed at a flat rate of 10% or differently. (AI Summary)
Income Tax
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