Respt. Sir, I have Working in Company and I have get some Share under employee scheme Which is lock in periad one Year then now if i will sell this Share and get near 16 lakh So how Many tax payable? Pls suggest.....
your purchase price of those shares should be reduced from Rs.16,00,000,then remaing gain should be taxable.If securities transaction tax paid then it is exempyed.Otherwise it is taxable