What is Capital gains tax?
Tax on profit when you sell.
Short answer
Intraday profits taxed as business income.
Capital gains tax when buying a stocks (india)
Tax on profit when you sell.
Why it matters: Held under 1 year: 20%; over 1 year: 12.5% above ₹1.25 lakh (≈$1,500).
Look for: Intraday profits taxed as business income.
Full Stocks (India) buying guide