Mandatory textile export qualifiers distinguish flame-retardant fabrics from other listed fabrics for automated identification under the textiles ince...
Personal liberty safeguards restrict arrest after court-directed GST appearance, requiring interim release where authorities overreach pending proceed...
Alternative statutory remedy and delay bar GST writ challenges despite pending rectification, while distinct subject matter permits parallel proceedin...
Capital gains taxation streamlined with short-term gains on certain financial assets attracting 20% tax and long-term gains on all assets attracting 12.5% tax. Exemption limit for long-term capital gains on financial assets increased from Rs. 1 lakh to Rs. 1.25 lakh per annum. Listed financial assets held for over a year classified as long-term, unlisted financial assets and non-financial assets require two-year holding period. Unlisted bonds, debentures, debt mutual funds, and market-linked debentures taxed at applicable rates regardless of holding duration.
Capital gains taxation streamlined with short-term gains on certain financial assets attracting 20% tax and long-term gains on all assets attracting 12.5% tax. Exemption limit for long-term capital gains on financial assets increased from Rs. 1 lakh to Rs. 1.25 lakh per annum. Listed financial assets held for over a year classified as long-term, unlisted financial assets and non-financial assets require two-year holding period. Unlisted bonds, debentures, debt mutual funds, and market-linked debentures taxed at applicable rates regardless of holding duration.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
