Rajeev Nair (Finance Professional) (510 Points)
29 January 2010
Dear Friends-
Please Brief on applicability of Tax(Income Tax on Individuals) on IPO-
% rate
- Is it possible to adjust the short term capital "LOSS" of previous financial year with the short term capital "GAIN" of the succeeding year !!!!
- in both the sence that of " whether it is income from IPO OR income from investment in SHARES/STOCK "
Thanks in advance-
CA. LAXMIKANT AGARWAL
(Finance head)
(74 Points)
Replied 29 January 2010
Ramalingam K
(Founder & Director - Holistic Investment Planners (P) Limited)
(21077 Points)
Replied 20 May 2014
IPO’s or initial public offering is best understood as the first public offering of shares by a private limited company before listing in a stock market. Looking down IPO’s history of success and failure stories, you would be smart to first fully understand the various aspects behind such offerings and makes the right choice to invest or not in IPO’s. It is advisable to understand that investing in IPO’s could prove risky with unfavorable market situations and sentiments and when the fundamentals of the company and industry are weak. It is best to go by facts, avoid being influenced by rumors and have a closer look at the past performances also.
https://www.holisticinvestment.in/before-investing-in-ipo
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
“Best Performing Financial Advisor Award” Winners from CNBC TV18
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