Frequently Traded Shares defined by traded turnover on recognised exchanges, determining qualification for tax classification. For taxation purposes under notification no. 60/2018, Frequently Traded Shares are shares of a company in which the traded turnover on a recognised stock exchange during the twelve calendar months preceding the calendar month of acquisition and transfer meets the prescribed threshold of the total number of shares of that class; where share capital of the class is not identical throughout the period, the weighted average number of total shares represents the total number of shares.