Webb28 sep. 2024 · Name of the share/unit; Number of shares; Sales-price per share/Unit; Cost of Acquisition; FMV as on 31/01/2024; Expenditure related to transfer; Also, most brokers don’t provide with FMV of the shares. Moreover, taxpayers need to fill up these details for each item individually. They have to mechanically and accurately file the data. Webb20 feb. 2024 · The fair market value of the same as on 31 st January, 2024 is Rs. 130000. If you sale those shares or mutual funds before 31 st March, 2024 for Rs. 250000, then your actual gain will be Rs. 150000. But there is no need to pay tax on this gain as those shares are sold before 31 st March, 2024. 2.

Long Term Capital Gain on Shares - Calculation and Tax ... - Groww

Webb10% over and above Rs. 1 Lakh on sale of equity shares. Short term capital gains tax. 15%, when securities transaction tax is applicable. Now, this imposition of tax on long term capital gains on shares is probably an effort on the government’s part to compensate for the shortage in GST collections. This tax is imposed on the already existing ... WebbIllustrations for Calculation of LTCG on Equity Share for Different Scenarios – Case 1 – If an equity share is acquired on January 1st 2024 at Rs. 500 and its fair market value is … northlake title mandeville la

ITC Share Price In 2024 - Money Premier

Webb19 sep. 2024 · Budget 2024 proposed to remove Section 10 (38) of the Income Tax Act, 1961. As per this section, the long-term capital gains (LTCG) arising on sale of equity … Webb16 mars 2024 · Capital gain tax under section 112A will be levied provided the below-mentioned conditions are fulfilled: Sale of equity shares and equity-related instruments … Webb31 jan. 2024 · Exchange Rates History for 31 January 2024 (31/01/2024) » British Pound to Euro exchange rate on Wednesday 31st January 2024: 1 GBP = 1.1435 EUR. » British … how to say my in spanish language