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Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
Capital Gain Profit arising out of the sale or transfer of an asset. Shares in companies, If these have been held for over a year, qualify for long-term capital gains charged at a flat rate of 20% of the gains, reduced by the indexed cost of acquisition. For any other asset, to qualify for long-term capital gains it must be held for over three years. Short-term capital gains for shares arise out of holdings for less than a year, and in the case of other assets, less than there years. Such short-term gains are regarded as current income and taxed according to the income slab into which they fall. See COST INFLATION INDEX.
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Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
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