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If unlisted shares are held for over 24 months, gains qualify as LTCG
The said LTCG from sale of shares shall be taxable at 20%, plus 4% health and education cessWith effect from 1 April 2018, LTCG arising on the sale of listed shares in India that are held for more than 12 months before sale, are taxable
3 min read4 Mar 2019Tax on allotment of shares by start-up firms
If the government is really keen that business should grow, it should encourage investment in companies, rather than deter such investments by uncertain tax laws
4 min read28 Feb 2018Agricultural land situated in specified areas is not considered a capital asset
In case of inheritance, the holding period of land is taken from the acquisition date by the owner who actually acquired it
3 min read11 Apr 2017You can claim tax exemption on LTCG on inherited property sale
The gains, if any, resulting from the sale of aforesaid inherited land shall be taxable in the hands of each of the family members under the head 'capital gains'
3 min read24 Aug 2016One minute guide: Employee stock option
Esops are taxed as part of your salary income as a perquisite and the company would withhold tax deducted at source
2 min read29 Dec 2015New employer-friendly rules on fringe benefits could trigger salary rejig in 2010
New employer-friendly rules on fringe benefits could trigger salary rejig in 2010
4 min read27 Dec 2009Esop Tax: Govt issues valuation norms for options, but ambiguities remain
Esop Tax: Govt issues valuation norms for options, but ambiguities remain
2 min read24 Oct 2007Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared