STCG would be taxed in the following manner:
- STCG on sale of listed shares and securities - taxed at 15% u/s 111A
- STCG on sale of unlisted shares and securities - taxed at slab rates
- STCG on sale of other assets - taxed at slab rates
If you’re a resident as per Income Tax Act and have no other incomes, you can claim shifting benefit. Thus, taxable income = STCG - basic exemption limit. This income would be taxed at 15% u/s 111A.
To calculate tax liability, use our Income Tax Calculator