October 09, 2017

Tax Implications on Sale of Unlisted Shares / ESOP s

please click

http://www.business-standard.com/article/markets/these-15-stocks-from-bse-smallcap-index-surge-over-25-in-5-trading-days-117100900336_1.html

==================

Important


In case of shares in listed companies, if the employee sells these on the exchange after they have become long-term assets, then he/she is exempt from capital gains if the shares are sold on a stock exchange and securities transaction is paid. For buybacks by listed too, is not applicable. 

http://www.business-standard.com/article/markets/these-15-stocks-from-bse-smallcap-index-surge-over-25-in-5-trading-days-117100900336_1.html

=======================

Blog Comments

Shares which are Unlisted at present if these are sold on Metropolitan Stock Exchange ( and STT is paid ) then these would qualify for exemption from Long Term Capital Gains Tax.

No comments: