Long-term capital gains tax set at 10% for transfers of non-publicly owned company shares u/s 112 amendment.

Long-term capital gains tax set at 10% for transfers of non-publicly owned company shares u/s 112 amendment. https://www.taxtmi.com/highlights?id=27605 Amendment of section 112. - tax on long-term capital gains - long-term capital gains arising from transfer of a capital asset being, shares of a company not being a company in which the public are substantially interested, shall also be chargeable to tax at the rate of ten per cent. en-us Tue, 01 Mar 2016 13:37:36 +0530 Tue, 01 Mar 2016 13:37:36 +0530 TaxTMI RSS Generator Long-term capital gains tax set at 10% for transfers of non-publicly owned company shares u/s 112 amendment. https://www.taxtmi.com/highlights?id=27605 Amendment of section 112. - tax on long-term capital gains - long-term capital gains arising from transfer of a capital asset being, shares of a company not being a company in which the public are substantially interested, shall also be chargeable to tax at the rate of ten per cent. Highlights Bill Tue, 01 Mar 2016 13:37:36 +0530 https://www.taxtmi.com/highlights?id=27605