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    <title>Tax on short term capital gain</title>
    <link>https://www.taxtmi.com/forum/issue?id=110053</link>
    <description>Taxpayer reports salary income and a short term capital gain from share trading and is surprised an online tax calculator produces a much larger tax figure than expected from applying a flat 15% to the short term gain plus tax on salary. The inquiry asks whether the short term capital gain is taxed separately at 15% or whether aggregation and the calculator&#039;s computation method explain the higher tax. The respondent requests the calculator link, financial year, and further income/investment details to compute accurately.</description>
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    <pubDate>Fri, 18 Mar 2016 18:28:28 +0530</pubDate>
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      <title>Tax on short term capital gain</title>
      <link>https://www.taxtmi.com/forum/issue?id=110053</link>
      <description>Taxpayer reports salary income and a short term capital gain from share trading and is surprised an online tax calculator produces a much larger tax figure than expected from applying a flat 15% to the short term gain plus tax on salary. The inquiry asks whether the short term capital gain is taxed separately at 15% or whether aggregation and the calculator&#039;s computation method explain the higher tax. The respondent requests the calculator link, financial year, and further income/investment details to compute accurately.</description>
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      <law>Income Tax</law>
      <pubDate>Fri, 18 Mar 2016 18:28:28 +0530</pubDate>
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