Pranay Bhatia

In Budget 2022, the Finance Ministry addressed the issue of differential surcharge rates applicable on long-term capital gains in the case of listed and unlisted securities by capping the surcharge rate on long-term capital gains at 15%

Union Budget 2023 may bring tax parity in capital gains on listed and unlisted equities

by Pranay Bhatia |Dec 27, 2022

Gains on listed shares are considered long-term if held for more than 12 months and taxed at a concessional rate of 11.96%. Whereas gains on unlisted shares are considered long-term if held for more t...

Pranay Bhatia, Partner, Tax and Regulatory Services, BDO India

Proposals, Not Action, On The Cards

by Pranay Bhatia |Jan 21, 2019

The vote-on-account may outline the shape of things to come, but there is little scope for immediate changes in overall tax structure and other areas.

Budget 2018: Will the middle class get some relief in the upcoming budget?

by Pranay Bhatia |Jan 24, 2018

After the rollout of GST, significant powers now vest with the GST Council to notify this tax. Keeping that in mind, the upcoming budget is unlikely to foresee any significant amendment in indirec...