https://www.taxtmi.com/article/detailed?id=462 The Finance (No.2) Act, 2009 amends the Income tax Act to exempt any income received by or on behalf of the New Pension System Trust (established 27 February 2008) from total income, effective 1 April 2009, and inserts a provision excluding taxable securities transactions entered into by or on behalf of that trust from Securities Transaction Tax, effective 1 October 2009; implementing measures include separate recordkeeping and software changes by exchanges, mutual funds and brokers. en-us Tue, 18 Aug 2009 00:00:00 +0530 Tue, 18 Aug 2009 11:07:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=462 The Finance (No.2) Act, 2009 amends the Income tax Act to exempt any income received by or on behalf of the New Pension System Trust (established 27 February 2008) from total income, effective 1 April 2009, and inserts a provision excluding taxable securities transactions entered into by or on behalf of that trust from Securities Transaction Tax, effective 1 October 2009; implementing measures include separate recordkeeping and software changes by exchanges, mutual funds and brokers. Articles Income Tax Tue, 18 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=462