WebJul 6, 2024 · The LTCG arising from transfer of unlisted shares, whether in demat form or physical form, after holding them for a period of more than 24 months, shall be chargeable to tax at the rate of 20 per cent with indexation. If it is a long term capital gain, one can claim exemption under section 54F for reinvestment in residential house property. WebJul 7, 2024 · Gains on listed shares are includes long-term is held for show than 12 months and dividend at a concessional rate of 11.96%. Whereas gains on unlimited shares are …
Capital Gains Period of Holding Calculator EZTax®
WebApr 21, 2024 · Long term instruments such as equity shares or equity-oriented mutual funds are those held for a period of 12 months. For instance, equity shares or equity-oriented … WebMay 31, 2024 · Long Term Capital Gain: Taxable @ 20% u/s 112. ( Note: In Case of Listed Equity Shares, Capital Gain up to Rs. 1 Lac Exempt and thereafter taxable @10% u/s 112A. This note is given here to clarify more precisely the difference between tax rate as applicable to Listed or Unlisted Equity Shares) Short Term Capital Gain: Taxable as per the Normal ... religion where you believe in all religions
How to calculate long term capital gain on unlisted shares - Taxfull
WebThese funds attract a tax rate of 20% after indexation. Unlisted equity funds – Long-term capital gains on unlisted equity funds are taxed at 20% (surcharge and cess as … WebLong-term Capital Gains Rates. In case of long-term capital gains, the applicable tax rate is 20%. If the total income of the assessee is Rs.2 crores to Rs.5 crores, surcharge at 25% rate would be applicable – making the effective tax rate 26%. If income exceeds Rs.5 crores, the applicable surcharge is 37% resulting in an effective tax rate ... WebApr 11, 2024 · The income tax department has notified the cost inflation index (CII) for the current fiscal at 348 against 331 for 2024-23. A fall in CII could result in long-term capital gain liability on the sale or transfer of any capital asset, such as land, property, trademarks and patents, to be lower. Inflation indexing is allowed in the case of long ... religion with denim skirt