how to minimise tax burden on long term capital gains on shares in INDIA .what is long term capitalgain on shares and how it is calculated?.
Long term capital gains on shares are not taxable if it is sold through stock exchange and securities transaction tax has been paid.
Source(s):
http://www.meraconsultant.com
Long Term Capital gains on sale of shares are exempt from tax if the equity shares are listed on any Stock Exchange.
In case of Private limited company's shares,there are several scheme. Keep in capital gains scheme with SBI or purchase a flat or build a residence .
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