Monday, November 2, 2009

Equity Shares

In business and finance, equity shares is also referred to as share of stock means a share of ownership in a company or corporation. In the plural, stocks is often used as a synonym for shares. In case of capital gains arising from equities sold in a recognized stock exchange, the gains are either Long-term which is exempt or Short-term, taxed flat.

There are many types of shares. These are referred to as “Cleaned Securities” or “Specified shares". The facility for carrying forward a transaction from one account period to another is available for Group “A” shares. Group “B” shares are referred to as “Non cleaned securities” or “Non-specified shares” to Sell Gold For Cash. For these groups facility of carrying forward is not available. Whenever a share is moved from Group "B" to Group "A" its market price rises.

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