Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Yes, an investor is liable to pay short-term and long-term capital gain tax on NCD investment.
If an investor sells NCDs within 12 months from the date of allotment, the profits earned is called short-term capital gain and charged as per the income tax slab rate of assessment.
However, when an investor sells NCDs on the exchange after a period of 12 months, the profits derived from the sale of NCDs are called long-term capital gain. Such profits are charged at 10% LTCG tax without indexation or 20% tax with indexation, whichever is lower.
Zerodha Trade@20
List of all questions Ask your question
