How are shares of NSE Limited Unlisted subject to long-term capital gain taxes?

If NSE Limited Unlisted shares are held for more than 24 months, they are liable to long-term capital gain (LTCG) taxes. Here is a quick synopsis:

Tax Repercussions

Holding Period: A capital asset is considered long-term if it is held for 24 months or longer.
LTCG on unlisted shares is subject to a tax rate of either 10% without indexation advantages or 20% with indexation benefits.

Indexed Cost of purchase: The Cost Inflation Index (CII) is used to account for inflation in the purchase cost. Capital Gains: LTCG is defined as the difference between the sale price and the indexed cost of acquisition. Important Information

Since every situation is different, it is crucial to seek particular advice on tax implications from a tax expert or financial counselor.

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