First of all, let’s understand what capital gain is?
When you sell shares for more than you paid for it, it is called capital gain. Capital gain is taxable. Capital gain can be classified into two types based on the holding period.
- Long term capital gain
- Short term capital gain
LTCG and STCG are different in listed and unlisted market
LTCG and STCG on shares in Listed Market
LTCG and STCG on shares in Unlisted Market