https://www.taxtmi.com/news?id=19539 Long-term capital gains on transfer of listed equity shares, units of equity oriented funds, and units of business trusts are brought into a new concessional tax regime subject to securities transaction tax conditions; indexation and foreign-currency computation benefits are disallowed, pre-cut-off acquisitions receive a deemed cost treatment using fair market value, equity oriented funds are defined by minimum equity investment thresholds, fair market value is fixed by reference to a specified valuation date or net asset value, and Chapter VIA deductions and the section 87A rebate are to be applied after reducing income by such capital gains. en-us Mon, 05 Feb 2018 10:52:42 +0530 Mon, 05 Feb 2018 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19539 Long-term capital gains on transfer of listed equity shares, units of equity oriented funds, and units of business trusts are brought into a new concessional tax regime subject to securities transaction tax conditions; indexation and foreign-currency computation benefits are disallowed, pre-cut-off acquisitions receive a deemed cost treatment using fair market value, equity oriented funds are defined by minimum equity investment thresholds, fair market value is fixed by reference to a specified valuation date or net asset value, and Chapter VIA deductions and the section 87A rebate are to be applied after reducing income by such capital gains. News - Mon, 05 Feb 2018 10:52:42 +0530 https://www.taxtmi.com/news?id=19539