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
Dhirajlal Rambhia
(Expert)
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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