https://www.taxtmi.com/manuals?id=949 Short-term capital gains from equity shares, units of equity-oriented funds, or units of a business trust attract a special concessional tax regime when the transaction is subject to Securities Transaction Tax. Resident individuals and Hindu undivided families may use the basic exemption limit against such gains where other income falls below the exemption threshold, while Chapter VIII and Chapter VI-A deductions are restricted. The text also notes an IFSC foreign-currency exception, a carve-out for certain business trust units, and the treatment of specified ULIPs as equity-oriented funds for this purpose. en-us Tue, 25 Aug 2015 15:01:00 +0530 Tue, 09 Jun 2026 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=949 Short-term capital gains from equity shares, units of equity-oriented funds, or units of a business trust attract a special concessional tax regime when the transaction is subject to Securities Transaction Tax. Resident individuals and Hindu undivided families may use the basic exemption limit against such gains where other income falls below the exemption threshold, while Chapter VIII and Chapter VI-A deductions are restricted. The text also notes an IFSC foreign-currency exception, a carve-out for certain business trust units, and the treatment of specified ULIPs as equity-oriented funds for this purpose. Manuals Income Tax Tue, 25 Aug 2015 15:01:00 +0530 https://www.taxtmi.com/manuals?id=949