FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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asked
Yes, NCDs are subject to Short Term Capital Gain and Long Term Capital Gain taxes.The interest earned from a NCD is included in the 'Income from other sources' of the investor and taxed as per his tax slab.
If the NCDs are sold on the stock exchange, capital gain taxes are applicable as follows-
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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