Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is any concession applicable on tax rate?

applicable concession rate tax
0
Posted

Is any concession applicable on tax rate?

0 CommentsAdd a Comment

1 Answer

0

In the event of shares/debentures being held for more than one year before transfer, the resultant capital gains would be treated long-term and the applicable tax rate would be at a concessional rate of 10%.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.