What are the Latest Startup Opportunities with Altius?
Altius brings you the opportunity to invest in handpicked and selected startups out of a number of proposals received on monthly basis. The selection process is very rigorous & discrete…
Here we answer the most common questions asked to us about the unlisted space and queries related to our trade platform
Capital Gain on Sale of Unlisted Shares
Unlisted Stock is not listed on any recognized stock exchange. Thus, the Company does not pay STT i.e., Securities Transaction Tax on such shares. Long Term Capital Gain (LTCG):If an…
Income Tax on Unlisted Shares
Income Tax on Trading in unlisted shares is similar to the tax treatment of other capital assets. The following are the income tax rates on the sale of unlisted shares of a…
How is taxation in case of Non-Residents for unlisted shares?
In the case of a Non-Resident, LTCG on Unlisted Stock is 10% without Indexation. ITR Form, Due Date and Tax Audit Applicability for Unlisted Shares ITR Form:Trader should file ITR 2 (ITR…
Carry Forward Loss on Sale of Unlisted Shares
The investor can set off Short Term Capital Loss against both STCG and LTCG. They can carry forward the remaining loss for 8 years and set off against STCG and…
How to fill DIS(Delivery Instruction Slip) and procedure to transfer shares from my demat account?
DIS is used to transfer shares from your Demat to another Demat Account. Kindly note, you also require to courier the self-attested hard copy of client master report where in…
HOW TO CHECK ISIN NUMBER (NSDL & CDSL)
An International Securities Identification Number (ISIN) is a 12-digit alphanumeric code that uniquely identifies a specific security. ISIN shows up in your De-Mat account holding statement where your securities are…
CDSL EASIEST ONLINE TRANSFER
Log in to CDSL Easiest and select 'Setup' on the Transaction section. In this page, you need to select 'Bulk Setup' You need to select 'Transaction' and enter the execution…
HOW TO PAY STAMP DUTY (NSDL & CDSL)
Off-market transfers of unlisted shares with consideration will attract a 0.015% stamp duty. Say if you are transferring securities worth 100,000 INR, stamp duty @ 0.015% will be 15Rs. Method…
WHY CAN’T I SEE THE SHARES I BOUGHT IN MY DEMAT ACCOUNT
Ideally it should not take more than 3-4 hours to transfer shares from one Demat Account to another. Transfer of shares Intra depository (NSDL to NSDL or CDSL to CDSL)…