https://www.taxtmi.com/acts?id=43578 The amendment to section 115ACA substitutes the clause governing tax on long-term capital gains from transfers of Global Depository Receipts acquired in foreign currency under prescribed Employees' Stock Option Schemes by resident employees in specified knowledge-based industries, prescribing that LTCG shall be taxed at ten per cent for transfers before 23rd July, 2024 and at twelve and one-half per cent for transfers on or after that date, with the substitution having retrospective effect from 23rd July, 2024. en-us Tue, 23 Jul 2024 15:42:08 +0530 Tue, 23 Jul 2024 15:42:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43578 The amendment to section 115ACA substitutes the clause governing tax on long-term capital gains from transfers of Global Depository Receipts acquired in foreign currency under prescribed Employees' Stock Option Schemes by resident employees in specified knowledge-based industries, prescribing that LTCG shall be taxed at ten per cent for transfers before 23rd July, 2024 and at twelve and one-half per cent for transfers on or after that date, with the substitution having retrospective effect from 23rd July, 2024. Act-Rules Bills Tue, 23 Jul 2024 15:42:08 +0530 https://www.taxtmi.com/acts?id=43578