Question: how is stt calculated in india?
Answer: STT will be Rs. 100 on the Buy side calculated at 0.1% on Rs. 1000*100*0.1%=Rs. ... In case of short term capital gains, a tax of 15% is applicable and in case of long term capital gains, the tax rate is 0% i.e. long terms capital gains is exempt from tax for transactions where STT is paid.