STCG tax calculator — 20% on shares, slab rate on others
Listed equity and equity funds sold within 12 months are taxed at a flat 20%. All other short-term gains are added to your income and taxed at slab rate.
Estimated tax on STCG
Equity STCG after set-off
Tax at 20%
Other STCG after set-off
Tax at slab
Cess 4%
Good to know
Short-term losses can be set off against both short-term and long-term gains. Losses are applied to the slab-rate gains first here, as that usually saves more.
A resident whose other income is below the basic exemption limit can use the unused limit against equity STCG.
The new-regime rebate does not apply to tax on equity STCG.
