Capital Gain

137 views 2 replies
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.....
Replies (2)
if shares are listed then capital gain @ 20% will be taxable
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

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