Short Term Capital Gain Tax Rate 2024 Calendar. Short term capital gains tax, also known as stcg tax, or stcgt is a tax levied on the profits earned from the sale of certain assets held for less than 12 months. After the amendment, the tax rate has increased to 20%, resulting in a tax liability of rs 400 (20% of rs 2,000).
Stcg tax @ 20% after amendment: So, the tax rates on the short term gains on transfer of listed assets, the rate has been increased to 20% from 15%.
