General News

Inter alia turns down pleas made by counterparties to transfer all related cases to Bombay High Court Minority shareholders of the erstwhile Lakshmi Vilas Bank (LVB) have got a breather…

General News ( 2021 -2022)

  TAX ON SELLING STOCK FOR LISTED STOCK LONG TERM CAPITAL GAIN/LOSS HOLDING PERIOD MORE THAN 12 MONTH CAPITAL GAIN- 10% TAX After deducting Rs 1 Lakh Net profit. CAPITAL…

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…