Ravi. S. Raghavan on SEBI’s move that halves lock-in period for unlisted shares

Aug 11, 2021

Ravi. S. Raghavan, Partner, Tax & Private Client Group at Majmudar & Partners, spoke to The Economic Times on SEBI’s move that halved the lock-in period for unlisted shares.

According to him, “The pre-IPO shares will be taxed either as short-term capital gains (if held for less than 24 months) at the rate of 30% (excluding surcharge and education cess) or long-term capital gains at the rate of 10% or 20% if held for more than two years (excluding surcharge and cess, but with indexation benefits).”

Read the full article here.

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