{"id":91,"date":"2018-11-21T09:09:48","date_gmt":"2018-11-21T09:09:48","guid":{"rendered":"http:\/\/corpbiz.io\/learning\/?p=91"},"modified":"2021-03-03T12:32:20","modified_gmt":"2021-03-03T07:02:20","slug":"calculate-capital-gain-tax-india","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/calculate-capital-gain-tax-india\/","title":{"rendered":"How to Calculate Capital Gain Tax in India"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Capital gain is defined as any gain or profit\nthat is received by the sale of the capital assets. As because this gain comes\nunder the category of \u2018income\u2019 so it is mandated to pay a tax for that amount\nin the year during which the transfer of the capital asset is done. Therefore, capital\ngain tax is a tax paid on the income that is received on capital gain.<\/p>\n\n\n\n<p>Capital gain tax in India can be both short-term capital gain tax and\nlong-term capital gain tax. Today in this article we will explain to you about the\ncalculation of capital gain tax in India.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/calculate-capital-gain-tax-india\/#What_is_Capital_Gain_Tax\" >What is Capital Gain Tax?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/calculate-capital-gain-tax-india\/#What_are_Capital_Assets\" >What are Capital Assets?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/calculate-capital-gain-tax-india\/#Classification_of_Capital_Gain_Tax_in_India\" >Classification\nof Capital Gain Tax in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/calculate-capital-gain-tax-india\/#Tax_on_Short-Term_and_Long-Term_Capital_Gains\" >Tax on\nShort-Term and Long-Term Capital Gains<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/calculate-capital-gain-tax-india\/#How_to_Calculate_Capital_Gains\" >How to Calculate Capital Gains?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/calculate-capital-gain-tax-india\/#How_to_Calculate_Short-Term_Capital_Gains\" >How to Calculate Short-Term Capital\nGains?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/calculate-capital-gain-tax-india\/#How_to_Calculate_Long-Term_Capital_Gains\" >How to\nCalculate Long-Term Capital Gains?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/corpbiz.io\/learning\/calculate-capital-gain-tax-india\/#How_to_Calculate_Capital_Gain_Tax\" >How to Calculate Capital Gain Tax<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/corpbiz.io\/learning\/calculate-capital-gain-tax-india\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Capital_Gain_Tax\"><\/span>What is Capital Gain Tax?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Capital gain tax are the tax levied under the\u00a0<strong>Income-tax act<\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/The_Income-tax_Act,_1961\"><strong>[1]<\/strong><\/a><\/sup> on the growth in value of investment or in selling of the capital assets for higher price by the individual or corporation. Inherited properties are excluded under Capital gains as these properties are not sold and there is only an ownership transfer. Therefore, the Income Tax Act has purposely exempted those assets that are received as gifts through a will or as an inheritance. Nonetheless, if the person who inherited the asset decides to sell it, capital gains tax will be applicable on them.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_Capital_Assets\"><\/span>What are Capital Assets?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Capital assets are defined as a kind of property that is held by an assesse and shall include assets connected with assesse\u2019s profession or business. Capital assets shall also include any securities as held by FII and has invested in such securities in compliance with the regulations under the SEBI Act, 1992 In simple terms, the Capital Assets shall include any house property, building, house property, leasehold rights, vehicles, machinery, patents &amp; trademarks and jewellery are a few examples of capital assets. Capital assets can be any right in relation to any Indian company and the rights of control and management or any other legal right.\u00a0 <\/p>\n\n\n\n<p><strong>The\nfollowing are the few\nexceptions that do not come under the capital asset category:<\/strong><\/p>\n\n\n\n<ul><li>Agricultural land in rural sector India.<\/li><li>Any consumables or any raw material or stock held for the intention of\nprofession or business.<\/li><li>Special bearer bonds&nbsp; (1991)<\/li><li>Personal goods like clothing and furnishings held for personal use.<\/li><li>7% gold bonds (1980), 6\u00bd% gold bonds (1977) or gold bonds of national\ndefence (1980) as has been issued by Central Government.<\/li><li>Under the Gold Monetisation Scheme, 2015 the issuance of deposit certificates and issuance of Gold deposit bond under the gold deposit scheme (1999). <\/li><\/ul>\n\n\n\n<p>The capital gain tax shall be calculated on the capital assets and it is essential to determine the Definition of rural area \u2013 which shall cover any area outside the municipality jurisdiction of outside the jurisdiction of cantonment board. The population of 10,000 or above is regarded as the rural area. Also, the rural area must not be within a distance aerially measured as has been given below \u2013 (population is as according to the last census) :<\/p>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  <strong>Distance<\/strong>\n  <\/td><td>\n  <strong>Population<\/strong>\n  <\/td><\/tr><tr><td>\n  2 kms from the local limits of the cantonment\n  board or\n  municipality\n  <\/td><td>\n  In case the\n  population of the cantonment board\/ municipality\n  is beyond\n  10,000 but not more than 1 lakh.\n  <\/td><\/tr><tr><td>\n  6 kms from the local limits of cantonment board or municipality\n  <\/td><td>\n  In case the\n  population of the cantonment board or municipality is beyond 1 lakh but not exceeding 10 lakh\n  <\/td><\/tr><tr><td>\n  8 kms from the local limits of cantonment board or municipality\n  <\/td><td>\n  In case the\n  population of the cantonment board or municipality is beyond 10 lakh\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Classification_of_Capital_Gain_Tax_in_India\"><\/span>Classification\nof Capital Gain Tax in India <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>The capital gain tax can be classified as follows \u2013<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Short-Term\nCapital Asset <\/h3>\n\n\n\n<p>Any asset that is held for the time\nperiod of 36 months or less is called as a short- term capital asset.\nThe time period of 36 months has been reduced to 24 months in cases of unlisted\nshares of the company and for the immovable properties like house property,\nbuilding and land. <\/p>\n\n\n\n<p>The\ntime period of holding of 36 months has been reduced to&nbsp;12 months\nwith respect to certain assets like equity&nbsp;shares&nbsp;or\npreference shares and Securities like debentures and bonds that are listed on\nrecognised stock exchange in India.<\/p>\n\n\n\n<p>These\nshall also include Units of UTI whether it is quoted or not, the equity units\noriented mutual funds and Zero Coupon Bonds which is quoted or not. But when\nsuch above given assets are held for a period of 12 months then they shall be\nconsidered as long- term capital asset. <\/p>\n\n\n\n<p>The tax rate on short term capital gain is given under section 111A and the same is charged to 15%&nbsp;tax including the surcharge and cess. The short term capital gain\nother than section 111A is charged in accordance with the total taxable income\nof the taxpayer that can be a normal rate of tax.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Long Term Capital Asset <\/h3>\n\n\n\n<p>Any capital asset that a taxpayer holds for the time period of more than 36 months immediately before the date of transfer shall be treated as long term capital asset. The time period of 36 months is to be considered as 24 months in case of the unlisted shares. But for immovable property being building or land or both the period of holding is considered as 24 months from AY 2018-19.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Examples of a Long-Term Capital Asset<\/strong><\/h3>\n\n\n\n<ul><li>Listed\n     Equity Shares on the recognized stock exchange,<\/li><li>units\n     of equity-oriented mutual funds,<\/li><li>listed\n     debentures and Government securities,<\/li><li>Units\n     of UTI and Zero-Coupon Bonds.<\/li><\/ul>\n\n\n\n<p>A transfer is giving up your personal right on an\nasset to another person. It includes sale, exchange compulsory acquisition\nunder the prescribed law and relinquishment.<\/p>\n\n\n\n<p><strong>The tax rate of Long-term capital asset<\/strong> for any equity-oriented mutual funds or on sale of equity shares and any business unit trust that is held beyond one year will be chargeable to tax at 10% in addition to cess @ 4%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tax_on_Short-Term_and_Long-Term_Capital_Gains\"><\/span>Tax on\nShort-Term and Long-Term Capital Gains<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  <strong>Tax\n  Type<\/strong>\n  <\/td><td>\n  <strong>Condition<\/strong>\n  <\/td><td>\n  <strong>Tax\n  Applicable<\/strong>\n  <\/td><\/tr><tr><td>\n  Long-term capital\n  gains (LTCG) tax\n  <\/td><td>\n  Exceptions are -equity\n  shares sale \/ equity oriented fund units\n  <\/td><td>\n  20%\n  <\/td><\/tr><tr><td>\n  Long-term capital\n  gains (LTCG) tax\n  <\/td><td>\n  On Equity shares\n  sale \/ equity oriented fund units\n  <\/td><td>\n  10% over and above\n  Rs 1 lakh\n  <\/td><\/tr><tr><td>\n  Short-term capital\n  gains (STCG) tax\n  <\/td><td>\n  In case where the securities\n  transaction tax is not applied\n  <\/td><td>\n  The STCG is added\n  to <a href=\"https:\/\/corpbiz.io\/income-tax-return-filing\"><strong>Income Tax Return<\/strong><\/a> and then the taxpayer is taxed in accordance with his\n  income tax slab.\n  <\/td><\/tr><tr><td>\n  Short-term capital\n  gains tax\n  <\/td><td>\n  In cases where the securities\n  transaction tax is applicable\n  <\/td><td>\n  15%.\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Calculate_Capital_Gains\"><\/span>How to Calculate Capital Gains?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The capital\ngains are calculated depending\non the time period during\nwhich that asset has been held by the taxpayer. So, depending upon the time\nperiod the&nbsp;calculation of Capital Gains&nbsp;shall vary. Few of the significant points that an individual taxpayer must know while calculating\ncapital gains are given\nbelow:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cost of Improvement<\/h3>\n\n\n\n<p><strong>A<\/strong>ny expense incurred by the seller for the reason of any additions or alterations that is required to be done in the property. Nevertheless, any such improvement made\nbefore 1 April 2001 shall\nnot be considered.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Acquisition Cost<\/h3>\n\n\n\n<p>The amount of money that the seller paid for acquiring the property.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Full Value Consideration<\/h3>\n\n\n\n<p>The full consideration or the money amount received by the seller because of the transfer of property. The charges on Capital gains are levied from the transaction year even if no money was received in that specific year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Calculate_Short-Term_Capital_Gains\"><\/span>How to Calculate Short-Term Capital\nGains?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Step 1: The individual must start with the full value of the property in consideration\n<\/p>\n\n\n\n<p>Step 2: The given below mentioned shall be deducted &#8211;<\/p>\n\n\n\n<ul><li>Expenses incurred exclusively in connection with the transferring of the property.<\/li><li>Costs incurred in acquisition of property.<\/li><li>Costs incurred in improvement of property.<\/li><\/ul>\n\n\n\n<p>Step 3: Thus, the amount calculated after deduction is the short-term capital gain.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Short Term Capital Gain<\/h3>\n\n\n\n<p> Full value consideration\u00a0minus expenses exclusively incurred on such transfer minus cost of acquisition\u00a0&amp;cost of improvement.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/is-capital-gain-tax-incapable-of-levying-upon-registration-of-sale-deed\/\">Is Capital Gain Tax incapable of levying upon Registration of Sale Deed? Know-How!\n<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Calculate_Long-Term_Capital_Gains\"><\/span>How to\nCalculate Long-Term Capital Gains?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Step 1: The individual shall start with the full value of property in consideration.<\/p>\n\n\n\n<p>\u00a0Step 2: The individual shall deduct the following given below:<\/p>\n\n\n\n<ul><li>Indexed cost of acquisition<\/li><li>Indexed cost of improvement<\/li><li>Expenses incurred exclusively in connection with the transferring of the property.<\/li><\/ul>\n\n\n\n<p>Step 3: From the result of the above calculation the exemptions provided under sections 54, 54EC, 54F, and 54B\u00a0shall be deducted.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Long-Term Capital Gain<\/h3>\n\n\n\n<p>Full value consideration&nbsp;minus&nbsp;expenses that is incurred completely for transfer of property minus&nbsp;Indexed\ncost of acquisition&nbsp;andIndexed cost of improvement. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Capital Gain Tax on Shares<\/h3>\n\n\n\n<p>In India, the long-term capital gain on listed\nshares exceeding Rs 1 lakh comes under the purview of taxation. They will pay\ntax at 10% as per the Union Budget 2018. The long-term gains are taxed at 10%\nand short-term gain is taxed at 15%. However, in the case of debt mutual fund\nboth long term and short term, the capital gain comes under the purview of\ntaxation.<\/p>\n\n\n\n<p>The short-term capital gain on debt mutual fund is computed along with the income and it is taxed as per the\u00a0<a href=\"https:\/\/corpbiz.io\/learning\/budget-2020-revised-income-tax-slabs-fy-2020-21-ay-2021-22\/\"><strong>Income-tax slab rate<\/strong><\/a>.\u00a0 On the other hand, the long-term capital gain on debt mutual fund is charged at 20% with the indexation and 10% without indexation. \u00a0<strong>\u00a0<\/strong><\/p>\n\n\n\n<p>Indexation means adjusting the purchase value of inflation. The indexation increases the cost of purchase and lowers the gain.<\/p>\n\n\n\n<div class=\"shadow1\"><strong>Note:<\/strong>\u201cAccording to the Union Budget 2018,\nLong-term Capital Gains on the sale of the listed securities exceeding more\nthan Rs 1 lakh will be taxed at 10% without the benefit of indexation.\nFurthermore, existing investors can breathe for relief on the exemption amount\nof capital gains till 31 January 2018. However, the number of gains made\nthereafter (after 31 January 2018)is taxed. \u201d<\/div>\n\n\n\n<p><strong>Let\u2019s us understand this with an example-<\/strong><\/p>\n\n\n\n<p>\u201cOn 1 July 2017, Mr. Mohan purchased shares at Rs 200 and then sold it on 31 December 2018 at Rs 250. The value of the stock was Rs 230 on 31st January 2018. Out of the capital gain of Rs 50, Rs 20 is not taxable. The remaining Rs 30 is taxable as Long Term Capital Gain at 1% without indexation.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Calculate_Capital_Gain_Tax\"><\/span>How to Calculate Capital Gain Tax<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol><li><strong><em>Short-term capital gain<\/em><\/strong>= Full value consideration- (Cost of acquisition +\ncost of improvement + cost of transfer)<\/li><li><strong><em>Long-term Capital Gain<\/em><\/strong>= Full value of consideration accruing or received\n\u2013 (indexed cost of acquisition+ indexed cost of improvement + cost of transfer)<\/li><li><strong><em>Indexed cost of acquisition<\/em><\/strong> = cost of acquisition x cost of inflation index of\nthe year of transfer\/cost inflation index of the year of acquisition.<\/li><li><strong><em>Indexed cost of improvement<\/em><\/strong> = cost of improvement x cost inflation index of\nthe year of transfer\/ cost of inflation index of the year of improvement.<\/li><\/ol>\n\n\n\n<p>Cost of transfer includes brokerage paid for arranging the deal, advertising cost or any legal expenses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Capital Gain Index<\/h3>\n\n\n\n<p>It is very stringent to have a keen knowledge of\nthe cost inflation index when you are calculating the long-term capital gains.\nIt calculates by deducting the indexed cost of acquisition and indexed cost of\nthe improvement.<\/p>\n\n\n\n<p>The concept of indexation was first introduced as\nthe value of a rupee keeps changing due to inflation. If it is fair to pay more\nfor toothpaste over the years, it is fair to pay capital gain tax by\nincorporating the effect of inflation on your purchase. Indexation lets you\nclear a higher purchase cost of the capital asset that you bought, this helps\nto lower your overall profit.<\/p>\n\n\n\n<p>The Cost Inflation Index is used for calculating\nthe acquisition price.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Capital Gain Tax on Sale of Property<\/h3>\n\n\n\n<p>The profit from the sale is charge under\u00a0Income tax\u00a0and not the whole amount itself.\u00a0 Furthermore, if you sell the property in 2 to 3 years then it is known as short-term capital gain and liable as per the income tax rule. It usually attracts a flat 20% of tax.<\/p>\n\n\n\n<p>The long-term gain from the sale of capital assets\nis exempt under 54 and 54F. Therefore, the amount invested in the purchase or\nconstruction of a house property subject to certain conditions is also exempt.<\/p>\n\n\n\n<p>So, it is wise to purchase the residential house before 1 year or 2 years after the transfer of the original house. However, the time period for construction of properties is deciding for 3 years from the date of the original transfer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Any profit made from a transfer of capital asset during the given year is taxable. Therefore, calculation of Capital Gain Tax is done in accordance with and depending upon different Capital assets and their holding time period. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/capital-gain-tax-and-difference-between-ltcg-stcg\/\">What is Capital Gain Tax and Difference between LTCG &#038; STCG\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capital gain is defined as any gain or profit that is received by the sale of the capital assets. As because this gain comes under the category of \u2018income\u2019 so it is mandated to pay a tax for that amount in the year during which the transfer of the capital asset is done. Therefore, capital [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":9190,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[45],"acf":{"service_id":"403"},"authorName":"Kandarp Vanita","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/02\/image_2021_02_01T09_09_44_024Z.png","authorDescription":"Kandarp Vanita has done masters in Corporate and Commercial Law from WB National University of Juridical Sciences. She has 3 yrs of experience in drafting legal documents &amp; dissertations. Being a curious reader, she is also passionately into providing legal backups and comprehensive understandings in every aspect of Law to the firms.","postViews":4820,"readingTime":8,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/91"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=91"}],"version-history":[{"count":22,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/91\/revisions"}],"predecessor-version":[{"id":26856,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/91\/revisions\/26856"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/9190"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=91"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=91"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=91"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}