https://www.taxtmi.com/acts?id=43787 Amendment revises section 196C to replace the single flat rate with a tiered regime for bonds and Global Depository Receipts referred to in section 115AC: a ten percent rate for interest and dividends; ten percent for long term capital gains on transfers before 23 July 2024; and a higher rate for long term capital gains on transfers on or after 23 July 2024, deemed effective from 23 July 2024. en-us Sat, 17 Aug 2024 13:13:38 +0530 Sat, 17 Aug 2024 13:13:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43787 Amendment revises section 196C to replace the single flat rate with a tiered regime for bonds and Global Depository Receipts referred to in section 115AC: a ten percent rate for interest and dividends; ten percent for long term capital gains on transfers before 23 July 2024; and a higher rate for long term capital gains on transfers on or after 23 July 2024, deemed effective from 23 July 2024. Act-Rules F. Acts / Amendment Acts Sat, 17 Aug 2024 13:13:38 +0530 https://www.taxtmi.com/acts?id=43787