Selling assets such as stocks, mutual funds, or real estate during a brief holding period results in short-term capital gains, or STCG. The STCG taxation regulations, their effects, and the most recent revisions for 2024 are examined in this blog. Stricter crypto transaction monitoring, simplified ITR forms, updated STT rates, and improved reporting for high-value transactions are among of the major changes. Discover how to compute STCG, comprehend tax ramifications, and investigate methods for efficiently reducing tax obligations.

An extensive summary of Section 194F of the Income Tax Act in India can be found in this blog post. It describes the main points, the methodology used to compute TDS for various forms of income, and how it affects investments in mutual funds. The blog also covers investor tax preparation techniques and exemptions.