Capital gains tax
Capital gains tax on sale of shares of listed companies
Capital gain from transfer of stocks and shares of public limited companies listed with stock exchange except listed Govt. securities:
| Sl. | Particulars | Rate |
| a. | Resident companies and firms | 10% |
| b. | Non-resident individuals (refer to section 5.9) | 15% |
| c. | Sponsor shareholders and shareholder directors | 5% |
| d. | Resident individuals holding at least 10% of the total share capital of the company | 5% |
Capital gains tax on sale of stocks and shares of public limited companies listed with stock exchange in respect of resident individual assessee shall be exempt unless such resident individual falls in categories (c) and (d) of above.