https://www.taxtmi.com/acts?id=43327 Chapter VII establishes a Securities Transaction Tax on purchases of securities on recognised stock exchanges, to be collected by the exchange from the purchaser and paid to the exchequer. It also exempts long-term capital gains from sales on a recognised exchange and provides for a concessional tax rate on short-term capital gains for investors, including foreign institutional investors, with corresponding amendments to the Income-tax Act applicable to the relevant assessment year onward. en-us Thu, 06 Jun 2024 14:17:31 +0530 Thu, 06 Jun 2024 14:52:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43327 Chapter VII establishes a Securities Transaction Tax on purchases of securities on recognised stock exchanges, to be collected by the exchange from the purchaser and paid to the exchequer. It also exempts long-term capital gains from sales on a recognised exchange and provides for a concessional tax rate on short-term capital gains for investors, including foreign institutional investors, with corresponding amendments to the Income-tax Act applicable to the relevant assessment year onward. Act-Rules Direct Taxes Thu, 06 Jun 2024 14:17:31 +0530 https://www.taxtmi.com/acts?id=43327