This discussion clarifies the tax treatment of bonus shares received from Wipro. The shares will be subject to Short-Term Capital Gains (STCG) or Long-Term Capital Gains (LTCG) tax depending on when they are sold. It's confirmed that these bonus shares are not treated as dividends. The conversation also touches upon expenses that can be considered when calculating STCG on equities, such as STT, stamp duty, and brokerage.
20 May 2025
Ok Thanks. but do I consider it as a dividend at then market rate? how to treat gold ETF where STT is not paid? what are the following which can be considered as expenses while computing STCG on equity STT Stamp Duty Brokerage Internet charges Service tax on Brokerage exchange tax,etc.