I have invested some amount in equity / share market of india.?

Question by Romio: I have invested some amount in equity / share market of india.?
I have invested some amount in equity / share market of india.
As my scripts are giving me good return i want to withdraw my share. (to sell my stock)
I am not understanding tax calculation in this matter.
1. what is short/long term capital gain?
2. do i have to pay short term capital gain?( if I do not pay ???)
3. how it is calculated on my profit?
4. who can help me out in calculation and paying STCG tax?
5. how much % of my profit it would be?

Best answer:

Answer by MP
The answers to these are very long that they cant be explained here. Better get a book / google it on the net for standard websites. All the best for ur trading.

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