Hi
I work for a MNC listed on NYSE. The company gives its employees some retain shares which vested that year. I have received such shares from the company for 2010, 2011, 2012 and 2013. When these shares vested the company deducted income taxes in and transferred these shares to another company who deals in share markets there. Last year I sold all shares as I wanted to invest in a property in India. I received an amount after paying all charges applicable there.
I made capital gains on selling these shares but I am confuse how should my tax liabilities should be calculated. Will gain on shares i held for less than a year be treated as short -term capital gain and gain on those i held for more than a year as long-term capital capital gain and taxed accordingly. I know in India short term capital gain tax is 15% in case of shares/ MF, and there is no taxes on long term capital tax. Will the same be applicable for shares listed in overseas market? If not then could you please advice me how to calculate taxes on these gains.