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Can anyone help me regarding income tax fallen on us by selling shares..??


Suppose i have bought 100 shares of 10 rupees each..
then sold it at 100 rupees each after 10 years..
now as per income tax authority of inda..tax would be levied on Rs.10 ?? or Rs 100 ?
please help me as i am going to invest money in mutual funds where i am have to pay tax after selling units

you have to pay tax on 90 rupees if your tax laws are the same as the US but it is a long term gain and the tax rate should be lower.

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