https://www.taxtmi.com/acts?id=32034 A special tax computation applies to long-term capital gains from transfer of equity shares, units of equity oriented funds, or business trust units where securities transaction tax conditions are met, with an IFSC/exchange exception and potential acquisition exceptions by notification. Tax is calculated by charging a specified rate on gains above a threshold while taxing the remaining income as if gains were excluded, and allowing Chapter VI-A deductions and rebate adjustments after reducing tax attributable to those gains. Definitions and investment tests for equity oriented funds are specified. en-us Mon, 19 Mar 2018 14:53:11 +0530 Sat, 31 Mar 2018 14:29:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32034 A special tax computation applies to long-term capital gains from transfer of equity shares, units of equity oriented funds, or business trust units where securities transaction tax conditions are met, with an IFSC/exchange exception and potential acquisition exceptions by notification. Tax is calculated by charging a specified rate on gains above a threshold while taxing the remaining income as if gains were excluded, and allowing Chapter VI-A deductions and rebate adjustments after reducing tax attributable to those gains. Definitions and investment tests for equity oriented funds are specified. Act-Rules F. Acts / Amendment Acts Mon, 19 Mar 2018 14:53:11 +0530 https://www.taxtmi.com/acts?id=32034