ResCon | Capital Gain Tax

Dated:2010-09-02

RC Weekly Wrap Up

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	Capital Gain Tax Sunday - 19th July, 2009 \| ResCon

	As per the Finance Bill announced for FY 2066/67, Capital Gain Tax on listed securities transactions is 15% both for individuals & institutional investors. Capital Gain Tax for INDIVIDUAL: 10% of Net Profit Capital Gain Tax for COMPANY: 15% of Net Profit If an investor makes Capital Gain (or gross profit in simple words) after selling the shares, s/he will be required to pay 15% government tax on the profit less the stock broker's commission as Capital Gain Tax. Previously, the Capital Gain Tax was 15% for individual investors and 15% for the institutional investors.