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flipitmoney
@flipitmoney
Your first stock investment is on us! Invest via flipitmoney and get instant cash reward of upto INR 200! Letโ€™s trade ๐Ÿš€
Feb 21, 2022 โ€ข 4 tweets โ€ข 2 min read
๐Ÿ”Ž๐—›๐—ผ๐˜„ ๐—บ๐˜‚๐—ฐ๐—ต ๐˜๐—ฎ๐˜… ๐—ฑ๐—ผ ๐˜†๐—ผ๐˜‚ ๐—ฝ๐—ฎ๐˜† ๐—ผ๐—ป ๐—ฒ๐—พ๐˜‚๐—ถ๐˜๐˜† ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜๐˜€?

Hereโ€™s a look at what the various taxes are:

A thread(๐Ÿงต)... (1/4) ๐—Ÿ๐—ถ๐˜€๐˜๐—ฒ๐—ฑ ๐˜€๐˜๐—ผ๐—ฐ๐—ธ๐˜€๐Ÿ“ˆ

#Securities transaction tax (STT)

โฌ‡๏ธ

#Delivery: 0.1% (buyer and seller pay)

#Intraday: 0.025% (seller pay)

โžก๏ธ Tax on dividend: Slab rate

โžก๏ธ Short-term capital gains: 15.6%

โžก๏ธ Long-term capital gains: 0.025%

๐Ÿ‘‡(2/4)