Wipro is buying back shares at Rs 250. What your tax bill looks like depends on this factor

Wipro's share buy-back offers Rs 250 per share, a premium over market price. New tax rules effective April 1, 2026, treat buy-back proceeds as capital gains. This makes tendering shares more tax-efficient for both promoters and non-promoters compared to selling on the open market.

from Tax-Wealth-Economic Times https://ift.tt/JRO6KXZ