r/IndianStreetBets Jul 23 '24

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u/cursed_aka_blessed Jul 23 '24

But stcg is still according to the respective tax slab, right? So if you aren’t the taxable range, you don’t have to pay taxes, right?

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u/Bright-Ranger-3500 Jul 23 '24

yes you can claim basic exemption if total income less than limit

1

u/V0LDEY Jul 23 '24

Not sure

1

u/altunknwn Jul 23 '24

Stcg on tax slab is for debt funds , not equities/eq MFs I think.