Ask Value Research

Exemption on short-term capital gains tax

If you sell your equity investment before a year, you will have to pay a short-term capital gains tax of 15 per cent

I have short-term gains of ₹5,000 from my equity investment in the third quarter of this financial year. What would be the tax on these gains? I got tax exemption on my investments in National Pension Scheme (NPS) and insurance. Is there any plan that will get me exemption on the short term capital gains?
- Srinivas Mamidi

If you sell your equity investment before a year, you will have to pay a short-term capital gains tax of 15 per cent. There are no investment avenues that will help you to invest the money and claim an exemption on short-term capital gains tax.

This article was originally published on January 28, 2016.

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