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.
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.
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