<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Amendment of section 116.</title>
    <link>https://www.taxtmi.com/acts?id=38390</link>
    <description>The amendment expands the definition of taxable commodities transaction to include sales of options in goods and sales of commodity derivatives based on prices or price indices, and replaces reference to recognised associations with recognised stock exchanges. It also substitutes the Forward Contracts regulatory reference with the Securities Contracts (Regulation) framework and inserts &quot;notifications issued&quot; alongside rules; these changes take effect from 1 April 2020.</description>
    <language>en-us</language>
    <pubDate>Sat, 01 Feb 2020 18:32:46 +0530</pubDate>
    <lastBuildDate>Sat, 01 Feb 2020 18:32:46 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=602339" rel="self" type="application/rss+xml"/>
    <item>
      <title>Amendment of section 116.</title>
      <link>https://www.taxtmi.com/acts?id=38390</link>
      <description>The amendment expands the definition of taxable commodities transaction to include sales of options in goods and sales of commodity derivatives based on prices or price indices, and replaces reference to recognised associations with recognised stock exchanges. It also substitutes the Forward Contracts regulatory reference with the Securities Contracts (Regulation) framework and inserts &quot;notifications issued&quot; alongside rules; these changes take effect from 1 April 2020.</description>
      <category>Act-Rules</category>
      <law>Bills</law>
      <pubDate>Sat, 01 Feb 2020 18:32:46 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=38390</guid>
    </item>
  </channel>
</rss>