How are shares of ADIANCE TECHNOLOGIES Unlisted subject to long-term capital gain taxes?
If unlisted shares of ADIANCE TECHNOLOGIES are held for longer than 24 months, they are liable to long-term capital gains taxes. This is how it functions
Tax Rate: Unlisted shares' long-term capital gains (LTCG) are subject to a 12.5% tax rate without indexation benefits.
Holding Period: LTCG has a holding period of more than 24 months from the acquisition date.
LTCG on unlisted shares was previously taxed at 20% with indexation benefits; however, this has been changed, and the current tax rate is 12.5% without indexation benefits.
When selling ADIANCE TECHNOLOGIES unlisted shares, consider the following:
Short-Term Capital profits (STCG): If you sell your shares within 24 months, the profits will be taxed at your income tax bracket rate. Long-Term Capital profits (LTCG): If you sell your shares after 24 months, the profits will be taxed at 12.5%. To optimize your investing strategy, keep track of your holding term and the tax implications. Consider seeing a financial advisor or tax specialist for specialized counsel.
Website: You can visit their website at www.unlistedinvest.com for more information.
Phone: +91 9912004448.
Email: Unlistedinvesting@gmail.com.