Tax
STCG
Also known as: Short Term Capital Gains
Short Term Capital Gains - Tax on profits from assets held for shorter than specified period.
Detailed Explanation
STCG (Short Term Capital Gains) is the profit realized from selling assets held for less than the prescribed holding period. For equity investments held for less than 12 months, STCG tax rate is 20%. For debt instruments held for less than 36 months, STCG is taxed as per individual's tax slab rates.