NISM 10B Investment Adviser Level 2 Notes

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  • Equity Shares: Listed or unlisted, taxed based on holding period.
  • Dividend Income: Taxable at slab rates in shareholder’s hands.
  • Short-Term Capital Gains: 15% on listed shares with STT, slab rates for unlisted.
  • Long-Term Capital Gains: 12.5% on listed shares above Rs. 1.25 lakh.
  • STT: Securities Transaction Tax on listed equity transactions.

NISM 10B NISM Investment Adviser Level 2

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