How are shares of ASK Investment Managers Limited Unlisted subject to long-term capital gain taxes?

The following long-term capital gain taxes apply to unlisted shares of ASK Investment Managers Limited:
Holding Period: Gains are regarded as long-term capital gains if the shares are held for more than 24 months from the acquisition date.
LTCG is subject to a 12.5% tax rate without the benefit of indexation.
The capital gain is computed by deducting the purchase price, or acquisition cost, from the sale price.
Tax Implications: Gains from the selling of unlisted shares are subject to tax and must be reported by the taxpayer on their income tax return.

To precisely determine the capital gains and tax liability, it is imperative to maintain documentation of the buy and sell transactions, including the dates and prices.

Website: You can visit their website at www.unlistedinvest.com for more information.

Phone:   +91 9912004448.

Email: Unlistedinvesting@gmail.com.