The rupee depreciated by 10 paise to settle at 82.89 (provisional) against the US dollar on Wednesday, as intense selling pressure in domestic equities and a strong greenback overseas dented the sentiment. However, a sharp decline in crude oil prices in the international market restricted the rupee’s fall, forex traders said. It finally closed at […]
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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