If a person holds the shares for less than 12 months, any gains earned on those transactions will be considered as short-term capital gains. Tax @ 15% (plus applicable surcharge and education & health cess) are subjected to be levied on these gains.
If a person holds the shares for less than 12 months, any gains earned on those transactions will be considered as short-term capital gains. Tax @ 15% (plus applicable surcharge and education & health cess) are subjected to be levied on these gains.