Meaning
Short-Term Capital Gain (STCG) represents profit earned from selling a capital asset held for a short duration.Definition
STCG, or Short-Term Capital Gain, is profit from assets sold within a brief holding period. This is typically under 36 months (12 months for equity shares/funds).How It Works
Selling assets like stocks or property before the long-term period results in STCG. It’s the sale price minus original purchase cost.Taxation
STCG tax varies. Equity typically attracts 15% plus cess. Other assets are added to total income and taxed at your applicable slab rate.Author
