Tax On Stock Market Income (2021) | How Tax Is Calculated On Share Market Income? | Neeraj Arora
In this video we will discuss how income tax is levied on your stock market income. We all know that income from salary, house property and business is taxable but do you know that you share market income is also taxable? Whether you are a small investor or a stock market geek you have to pay taxes on your stock market earnings. While filing your income tax return you have to mention all your sources of income including stock market investments. If you are a stock market beginner its important for you to know the tax liabilities of stock market income & how tax is calculated on your share market earnings. There are two types of income tax being levied on stock market earnings which depends upon the period of shareholding of the taxpayer: -Short Term Capital Gain (STCG) -Long Term Capital gain (LTCG) You can also carry forward your stock market losses.