Buyback taxation has completely changed in 2026. Retail investors may still pay 12.5% LTCG but promoter shareholders now face special additional tax under section 69(2)(b) of new Act. Team Prime Accountants breaks it down for you.

Let's assume that there's a business family, where the initial two or three generations took significant amount of time to build something valuable, could be a flourishing business, a property portfolio or a corpus of investments. They have a Will, perhaps even a relatively recent one, that is also blessed by their chartered accountant or lawyer. Their banker also does not have any concerns and things seem to be in control. Then something unexpected happens, could be a death