u/Cheap-Exit-4552

No stcg tax on US equity if total income doesn't cross 12L?

No stcg tax on US equity if total income doesn't cross 12L?

Hi everyone,

I have just started putting some money in us stocks through Ind money and while researching about the tax implications I found out that for the first 2 years, the gains are taxed at slab rates. So if my total in hand income from salary is say 10L and my US equity profits are 1.5L, do I not pay any tax on these gains since it's tax free till 12L or am I wrong?

Please enlighten me. Thanks.

u/Cheap-Exit-4552 — 14 days ago
▲ 3 r/SSCCGL

I found Oliveboard test to be very time taking. Usually in pyqs, I do reasoning in 13-15 mins but it took me 22 mins in this one and so I could only attempt 16 in maths in 21 minutes.

How do I increase my speed in quants? To attempt all 25 I need 27-30 mins in pyqs while in this ob mock, I would have needed 30-32 mins which messed up my scores.

In testbook mock too, I could only solve 20 in 26 mins.

u/Cheap-Exit-4552 — 20 days ago
▲ 9 r/SSCCGL

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u/Cheap-Exit-4552 — 24 days ago