Gains are taxed as capital gains when ESOP shares are sold

August 13, 2016 sristy MONEY

iStockPhoto I have received shares under the employee stock option plan (ESOP) from my employer. Can you please explain the tax liability on selling these shares? —Kishore Shah There are two stages of taxation for […]

Gains from sale of inherited property taxed as capital gains

August 13, 2016 sristy MONEY

iStockPhoto I am selling my ancestral residential property, which will fetch around Rs.30 lakh. This will be equally divided among all the heirs. What will be the tax liability of this transaction? Can this money […]