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Long term capital gains

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 February 2013 what is the rate of tax on sale of securities(long term) held abroad, which were listed at europian stock exchanges for a resident individual. Can he pay tax @ 10% on capital gains. Pl advise
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Arun Biyani

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Arun Biyani (Expert)
21 February 2013 No at the rate of 20%.

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