First of all, let’s understand what capital gain is? When you sell shares for more than you paid for it, it is called capital gain. Capital gain is taxable. Capital gain can be classified into two types based on the holding period. Long term capital gain Short term capital gain LTCG and STCG are different ..
Author : Utkarsh
Stamp duty is the payable amount when the transfer of unlisted shares happens. It is a mandatory tax that needs to be paid before transferring the unlisted shares. DP will reject the transfer of shares if stamp duty is not paid first. For the transfer of unlisted shares, the stamp duty rate is 0.015%. Stamp ..
How to calculate stamp duty? Stamp duty can be calculated using the CDSL and NSDL calculator. The procedure to calculate stamp duty using the CDSL calculator is given below Go to the CDSL Calculator. Select ‘Other Transaction‘. Enter ‘ISIN Code‘. Now enter the taxable amount under ‘Consideration / Invocation Amount‘. It’s calculated by the formula- ..
Setting off losses in the unlisted market against gains in the listed market can be done by following these steps: 1. Calculate the total loss from the unlisted market and the total gain from the listed market during the financial year. 2. The loss from the unlisted market can be set off against the gain ..
There are two depositories, and the procedures for the payment of stamp duty for both are ..
Stamp duty is the amount that must be paid when unlisted shares are transferred. It is a mandatory tax that must be paid prior to the transfer of unlisted shares. DP will reject the transfer of shares if stamp duty is not paid first. The stamp duty rate for the transfer of unlisted shares is ..
There are two ways to transfer unlist..
When you buy unlisted shares, they arrive in demat form, whether they are listed or unlisted. The share can only be transferred from the seller’s demat account to the buyer’s demat account in demat form. According to Rule 9A, which went into effect on October 2, 2018, every unlisted public company must issue shares in ..
In the stock market, price determination of shares is one of the most important things. Everything depends on the valuation of stocks. If you buy shares at fair valuation then chances of making money are high in the unlisted market. When a company is listed with stock exchanges, it is very easy to calculate the ..