Tax on income from equity mutual fund units set as a separate aggregate computation with temporal limitation. Introduces a separate tax regime for income from units of open-ended equity oriented funds, requiring aggregate tax computation comprising a fixed-rate levy on unit income plus the tax on the taxpayer's remaining income after excluding that unit income; the regime is subject to a temporal limitation and references definitions in the Explanation to section 115T.
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Tax on income from equity mutual fund units set as a separate aggregate computation with temporal limitation.
Introduces a separate tax regime for income from units of open-ended equity oriented funds, requiring aggregate tax computation comprising a fixed-rate levy on unit income plus the tax on the taxpayer's remaining income after excluding that unit income; the regime is subject to a temporal limitation and references definitions in the Explanation to section 115T.
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