Capital gain on selling of equity shares of a Singapur based Company, listed in Singapur stock excha
This query is : Resolved
Rupinder Singh
(Querist)
18 April 2024
Hi Sir/ Maam
My client had purchased shares of Rs 50 lac in 2016, Today the rate of shares are Rs.27.20 Crores. Kindly tell me how much will be the Capital gain.
Regards
Rupinder
My client had purchased shares of Rs 50 lac in 2016, Today the rate of shares are Rs.27.20 Crores. Kindly tell me how much will be the Capital gain.
Regards
Rupinder
Nikhil Kaushik
(Expert)
18 April 2024
calculate tax at 20% on 27.20 cr less indexed value of 50 lakhs. Also, make sure that the purchase for FEMA compliant.
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