Tax amount depends on the capital gains which is after deducting the current networth. To be considered for long term the business should be held for more than 36 months, current LTCG tax is 20%. Considering the capital deployment of around 250cr, networth should be min 300cr, so capital gains work
4.10 PM Feb 20th
sir your article about capital gains tax was good. may pl clarify 1 point. as informed by you in case of ipo, fpo, bonus shares there is no securities transaction tax. do these still qualify for long term nil capital gains tax , if sold after 1 year?
11.24 AM Feb 20th
in consumer durable segment. They could have made more money in CD business if they continued the fight for few more yrs, but seems exhausted and chose safe bet. So post tax on capital gains, they may get around 12 to 1300cr and can easily earn 120cr either thru deployment in current business or by investing
3.41 PM Feb 19th
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.