https://www.taxtmi.com/acts?id=3203 Long-term capital gains are taxed by separating tax into (i) tax on total income excluding such gains and (ii) tax on the gains themselves; different taxpayer categories and asset types attract specified rates with transitional rates for transfers before and on or after 23rd July 2024, subject to provisos that reduce gains where the remainder falls below the non-taxable threshold, ignore excess tax for certain pre-amendment land/building transfers, and cap excess tax for listed securities, specified mutual fund units and zero coupon bonds. Gross total income for Chapter VI-A deductions is reduced by long-term capital gains. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 14:18:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3203 Long-term capital gains are taxed by separating tax into (i) tax on total income excluding such gains and (ii) tax on the gains themselves; different taxpayer categories and asset types attract specified rates with transitional rates for transfers before and on or after 23rd July 2024, subject to provisos that reduce gains where the remainder falls below the non-taxable threshold, ignore excess tax for certain pre-amendment land/building transfers, and cap excess tax for listed securities, specified mutual fund units and zero coupon bonds. Gross total income for Chapter VI-A deductions is reduced by long-term capital gains. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3203