eagleeye, why r u creating confusion. Listing both nse & bse. Texmo pipes was 2 years old company, if we go by your logic of 3 years,then it should have listed only on BSE. Also, they have given NSE symbol of DQE and have said listing at BSE;NSE.
Thanks rAJaRYAN for the info, I got profit of 4200 in ARSS 1300 in Jubliant food works 2100 in Godrej properties 1400 loss in Hathway 2000 in Man Infra So my profit will be around 8200, so I need to pay 820+surcharge+education cess right?. Will this amount be deducted from my sharekhan account or I need to pay while filing returns, also I have a loss of around 4000 in equity shares, can I show this amount as loss in my IT form?. Thanks in advance.
Forgot to mention this tax would be levied only on PROFIT and not HOLDINGs or total delviery transactions. In case of losses, if any, the loss amounts 10%+surcharge+education cess is to be deducted from total profit's taxable money.
@ Srini, If you hold a share for more than 1 year, there will be no tax other than STT (Security Transation Tax) BUT in your case, as you booked profits on IPO, you are laible to pay STCG tax or short term capital gain tax. It comes to 10%+edu cess+service tax surcharge of 2.3%)
Do we need to pay tax on profit of shares?. I got profit of around 7000-8000 on IPO's sold on first day and loss of around 4000 in equities. So my overall profit is around 3000 only, do I need to pay tax?. Already I am a tax payer on salary. My salary is 4.2L/Annum.
SKS Microfinance Ltd plans to raise Rs 1,100 crore the issue comprises 1.67 crore shares So The Price per share will be near about Rs. 650/- Per Share. Google and Yahoo, started buying stake in SKS in March, 2007 at Rs 49.77 a share?
I can't Understand in the year 2007 the Share price is just Rs 49.77 and now the issue price is Rs. 650/-
Share ki Book Value 3 Years mai kiya itni Increse kar sakti hai