https://www.taxtmi.com/acts?id=49194 Where total income includes short-term capital gains from transfer of an equity share, a unit of an equity oriented fund, or a unit of a business trust and the sale is chargeable to securities transaction tax, tax is the aggregate of income-tax on those short-term capital gains at the concessional rate and income-tax on the balance of total income treated as the taxpayer's total income; special reduction applies for resident individuals and HUFs if the balance falls below the basic exemption limit, with carve-outs for IFSC foreign-currency transactions and Chapter VIII deduction sequencing. en-us Fri, 14 Feb 2025 17:33:45 +0530 Fri, 14 Feb 2025 17:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49194 Where total income includes short-term capital gains from transfer of an equity share, a unit of an equity oriented fund, or a unit of a business trust and the sale is chargeable to securities transaction tax, tax is the aggregate of income-tax on those short-term capital gains at the concessional rate and income-tax on the balance of total income treated as the taxpayer's total income; special reduction applies for resident individuals and HUFs if the balance falls below the basic exemption limit, with carve-outs for IFSC foreign-currency transactions and Chapter VIII deduction sequencing. Act-Rules Bills Fri, 14 Feb 2025 17:33:45 +0530 https://www.taxtmi.com/acts?id=49194