Stock capital gains tax rules
5 Feb 2020 A guide to tax impact on income from capital gains Any stock, consumables or raw material, held for the purpose of business or profession This rule is applicable if the date of transfer is after 10th July 2014 (irrespective of Those profits are known as capital gains, and the tax is called the capital gains tax. One exception: If you hold a stock for less than a year before you sell it, you'll They're usually taxed at lower long-term capital gains tax rates (0%, 15%, or 20 %). Capital gains from stock sales are usually shown on the 1099-B