Webb16 nov. 2024 · Listed equity shares or units of equity-oriented funds are classified as long-term capital assets only if they are held for more than 12 months. ... (LTCG) to account for inflation over the years. Webb1 feb. 2024 · For listed equity shares and equity oriented mutual funds, the LTCG is taxed at 10 per cent (without any indexation benefit) if the capital gains exceed Rs 1 lakh in a …
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Webb8 dec. 2024 · Any long term capital gain on equity shares or equity oriented funds will be taxable at a rate of 10%. However, LTCG up to Rs 1 lakh will be tax free. The lower rate of 10% is applicable only if the taxpayer satisfies the following conditions: STT must be paid on such shares at the time of purchasing as well as selling those shares. Webb13 aug. 2024 · Long Term Capital Gains (LTCG) if a listed stock is sold after 12 months from the purchase date. What is the applicable tax rate on sale of shares? a) Short Term Capital Gains (STCG) In case the gains are classified as STCG, the profits are taxed at 15% + surcharge and cess, irrespective of the individual’s tax slab. how does an energy recovery unit work
Long Term Capital Gains on Shares: Overview, Calculation …
Webb31 jan. 2024 · This calculator can be used to calculate long term capital gains (LTCG) and the corresponding LTCG tax liability for listed shares and units of equity oriented mutual fund schemes sold between 1.4.2024 and 31.3.2024 both dates inclusive. Purchase dates can be entered only up to 31.3.2024. FMV or Fair market value is entered by the user as … WebbLong Term Capital Gain (LTCG) on unlisted shares transferred by a non-resident or foreign company. 10% tax shall be levied without indexation. Short Term Capital Gain (STCG) on … Webb10 apr. 2024 · If listed stock shares are sold after 12 months of acquisition, the seller is said to have either made a long term capital gain (LTCG) or incurred a long term capital … photive hf1 lightweight bluetooth headphones