https://www.taxtmi.com/news?id=17161 No new levy of long-term capital gains on listed equity transactions is intended; the government has no proposal to impose such a tax. Currently, gains on sale of listed securities after a holding period of one year are exempt, while shorter-holding profits remain subject to short-term capital gains taxation and all market trades attract securities transaction tax. Policymakers indicated a desire for fair, transparent tax design to ensure appropriate contribution from market participants without changing the existing exemption. en-us Mon, 26 Dec 2016 10:25:58 +0530 Mon, 26 Dec 2016 10:25:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17161 No new levy of long-term capital gains on listed equity transactions is intended; the government has no proposal to impose such a tax. Currently, gains on sale of listed securities after a holding period of one year are exempt, while shorter-holding profits remain subject to short-term capital gains taxation and all market trades attract securities transaction tax. Policymakers indicated a desire for fair, transparent tax design to ensure appropriate contribution from market participants without changing the existing exemption. News - Mon, 26 Dec 2016 10:25:58 +0530 https://www.taxtmi.com/news?id=17161