Glossary
/STCG Full Form
What is the Full Form of STCG?
The full form of STCG is Short-Term Capital Gains.
Sold a stock within a year to make a quick buck? That profit gets hit with this tax. And it hurts. The rate is flat at 15%, regardless of your normal salary slab. Day traders and people who jump in and out of stocks in a few weeks absolutely hate this. It eats a big chunk of their small profits before the money even hits their bank account.
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