The period for which a particular capital asset is held by its owner decides whether that asset is a short-term capital asset or a long-term capital asset. Shares of a company listed on foreign stock exchanges (unlisted securities for Income Tax purposes) shall be considered as STCA if the same is held for 24 months or less. As of March 2021, The tax rate concerning STCG applicable to Indian residents is Income Tax slab rates (plus applicable cess and surcharge).
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