Long term capital gain from share trading
This query is : Resolved
04 May 2012
i have one year old share
now i decide that the share to be sold through broker. income tax rate and procedure of tax computation details given to me
now i decide that the share to be sold through broker. income tax rate and procedure of tax computation details given to me
04 May 2012
You can sell through a broker if it is listed in BSE or NSE. The profit arising on shares held for more than 12 months is known as Long Term Capital Gain and it is exempt from tax.
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