TAX RATE on sale of NON - LISTED securities having LONG TERM

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Saurabh Jindal (Querist)
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18 July 2009 Hi Experts!

Plz tell me what is the applicable TAX RATE on sale of NON - LISTED securities having LONG TERM CAPITAL GAIN?

Regards,
Saurabh

UMA SHANKER SHARDA

UMA SHANKER SHARDA (Expert)
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19 July 2009 If benefits of indexation is taken tax rate on long term capital gain on unlisted securities shall be 20%+surcharge+ed. & Hr Ed. cess.

If benefits of indexation is not taken tax rate on long term capital gain on unlisted securities shall be 10%+surcharge+ed. & Hr Ed. cess.