Categories Quotes Jaitley’s LTCG tax screws Entrepreneurs Post author By Raoji Post date February 2, 2017 2 Comments on Jaitley’s LTCG tax screws Entrepreneurs Share this:FacebookLinkedInTwitterWhatsAppEmail ← Portfolio of Ashish Kacholia → Linkfest: February 03,2017 2 replies on “Jaitley’s LTCG tax screws Entrepreneurs” The kind of money the entrepreneur will make on listing will the investors make?. Why crib then Fact of the matter is that zero tax on LTCG is applicable only to listed companies. When entrepreneurs are building their company, and issue shares to themselves at throwaway prices, it is an unlisted company. Then why call this rule as ‘screws Entrepreneurs’? In fact, ESOPs given by companies to employees should also be taxed at nominal LTCG rather than zero tax, since they are issued to employees without having paid STT. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Notify me of follow-up comments by email. Notify me of new posts by email.