My company's investor is offering to purchase a part of vested shares of employees.
I want to know the tax implications on me if I plan to sell the shares.
Can anyone help in this regards?
Thanks in advance!
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Indian taxation rules while selling vested company (foreign) shares
Replies (4)
Quick Summary
At the time of sale of shares by the employee, companies whose shares are listed
STCG- 15%
LTCG- 10% if the transfer of shares gain is more than 100000
At the time of sale of shares by the employee, companies whose shares are not listed
STCG- use the same income tax slab rate applicable on your income
LTCG- 20%
Thanks for the info. Do also know how can I calculate the capital gains, considering I have 1000 vested shares which were granted at a price of 1 and current fair market value of 10 and selling price of 20?
The capital gain tax would be calculated as a difference between the sale consideration and the fair market value as on the date of exercise of the options.
twenty thousand minus ten thousand. check the slabs applicable for capital gains and apply accordingly.
Thanks a lot for your help 🙂
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