https://www.taxtmi.com/acts?id=49207 Special tax regime for non-residents imposes fixed rates on interest from specified bonds and dividends on specified Global Depository Receipts purchased in foreign currency through an approved intermediary, and a distinct fixed rate on long-term capital gains from transfer of those securities. Where gross total income consists only of such interest or dividends, certain deductions are disallowed; if such receipts are part of broader income, gross total income is reduced by them for deduction calculations. The provision excludes a particular long-term capital gains computation rule, offers a filing exemption when tax is deducted at source, and extends treatment to acquisitions by amalgamation. en-us Fri, 14 Feb 2025 17:43:29 +0530 Thu, 20 Feb 2025 12:53:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49207 Special tax regime for non-residents imposes fixed rates on interest from specified bonds and dividends on specified Global Depository Receipts purchased in foreign currency through an approved intermediary, and a distinct fixed rate on long-term capital gains from transfer of those securities. Where gross total income consists only of such interest or dividends, certain deductions are disallowed; if such receipts are part of broader income, gross total income is reduced by them for deduction calculations. The provision excludes a particular long-term capital gains computation rule, offers a filing exemption when tax is deducted at source, and extends treatment to acquisitions by amalgamation. Act-Rules Bills Fri, 14 Feb 2025 17:43:29 +0530 https://www.taxtmi.com/acts?id=49207