How are shares of APOLLO FASHION INTERNATIONAL unlisted subject to long-term capital gain taxes?
The following long-term capital gain taxes apply to Apollo Fashion International unlisted shares:
Holding Period: Gains are regarded as long-term capital gains (LTCG) if the shares are held for more than 24 months from the acquisition date.
Tax Rate: For gains above ₹1 lakh, LTCG is taxed at a rate of 20% with indexation benefits or 10% without indexation benefits, whichever is lower.
Keeping track of the dates and prices of the buy and sell transactions is crucial for precisely calculating the capital gains and tax obligation.
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