Do I have to pay capital gains tax if I have no income
Yes, if you have made a capital gain during the financial year, you may have to pay capital gain tax even if you have no income. However, the capital gain tax is calculated on the profit earned from the sale of assets, and if the total income including capital gains is below the taxable limit, no tax will be applicable. It is recommended to consult a tax expert or use an online tax calculator to determine your tax liability. Capital gain tax is tax which levy on long term and short term capital gain. The tax have to pay Capital gains tax if has any income.
For more information to Visit https://www.incometax.gov.in/
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