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system
what are the tax implications of earnings from the stock market (bse)?
user
if you have held the stocks longer than a year, then there is no tax apart from the stt that is already deducted when you sell the shares.  if you have held the stock for less than a year, you would have to pay short term capital gains at the rate of 15% on the profit. edit: if you buy different shares from the total amount or profits, it makes no difference to taxes.
assistant