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Only 1.5 million entities declared short-term capital gains in FY18

This is less than a fifth of total number of investors and an even smaller fraction of total demat accounts in existence

Only 1.5 million entities declared short-term capital gains in FY18

The number of investors who declared short-term capital gains as of 2017-18 (FY18)-end was less than a fifth of the total number of active investors. It was an even smaller fraction of the total number of demat accounts (investor accounts) in existence.   An analysis of data by the income-tax (I-T) department, on short-term capital gains (STCG), showed that the number of investors declaring the same stood at 1.5 million. The latest available data is for FY18. The total number of active investors on the NSE during the year stood at 8.3 million. This indicates that over 80 per cent ...