sale of unlisted shares
This query is : Resolved
06 January 2025
what is capital gain tax rate on sale of unlisted shares
LTCG and STCG
LTCG and STCG
07 January 2025
Following the Union Budget 2024-25, presented in July, 2024 the long-term capital gains tax rate on unlisted shares has been set at 12.5%. This is a reduction from the previous rate of 20% for such assets. To qualify for long-term capital gains treatment, unlisted shares must be held for a minimum of 24 months. Short-term capital gains from unlisted shares will be taxed at the individual's applicable income tax slab rate.
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