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Check the latest tax rates, exemptions & how to reduce your tax liability. Under the income tax act, any profit or gain from the sale of shares is capital earnings. Alternatively, balancing gains with losses from other investments in the same tax year can also mitigate your tax liability.
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Learn about short term capital gains tax under section 111a: Broader diversification across asset classes can buffer your overall tax exposure. Short term capital gains tax affects your profits from asset sales within a year.
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Rates, exemptions, rebates, and conditions for applicability. Maximize tax benefits on equity investments.
