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<h1>Income Tax Bill 2025: Clause 210 Sets Tax Rates for FIIs and Specified Funds on Securities and Capital Gains</h1> Clause 210 of the Income Tax Bill, 2025, outlines tax rates for Foreign Institutional Investors (FIIs) and specified funds on income from securities and capital gains. FIIs are taxed at 20% on income from securities, 30% on short-term capital gains, and 12.5% on long-term capital gains. Specified funds face similar rates but only for income attributable to non-resident unit holders. Deductions are limited for income solely from securities, and specific provisions apply to offshore banking units. Definitions for terms like 'Foreign Institutional Investor' and 'specified fund' are provided, along with exclusions of certain sections for capital gains computation.