Indian benchmark indices opened mildly in red on Tuesday amid mixed global cues. The Sensex was down 146.37 points or 0.24% at 60600.94, and NSE Nifty 50 was down 33.60 pts or 0.19% at 18067.60. Tata Motors, Hindalco Industries, Power Grid Corporation, Tata Steel, and ONGC were among the major gainers on Nifty, while TCS, […]
Question: I am an individual taxpayer and have sold off certain unlisted shares in my portfolio. Kindly guide me on the tax implications on the gains derived from such transfer. Answer by Dr Suresh Surana, Founder, RSM India: Gains from unlisted shares would be required to be categorized as long term or short term based […]
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