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    <title>Tax on short-term capital gains in certain cases.</title>
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    <description>Where specified equity transfers are chargeable to securities transaction tax, short-term capital gains from those transfers are taxed separately at a distinct rate while the balance of total income is taxed as if that balance alone were the total income; resident individuals and Hindu undivided families may reduce such gains to preserve the basic exemption, transactions on IFSC recognised exchanges paid in foreign currency are excluded, and deductions under Chapter VIII apply after excluding these gains.</description>
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      <description>Where specified equity transfers are chargeable to securities transaction tax, short-term capital gains from those transfers are taxed separately at a distinct rate while the balance of total income is taxed as if that balance alone were the total income; resident individuals and Hindu undivided families may reduce such gains to preserve the basic exemption, transactions on IFSC recognised exchanges paid in foreign currency are excluded, and deductions under Chapter VIII apply after excluding these gains.</description>
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      <pubDate>Thu, 14 Aug 2025 11:28:34 +0530</pubDate>
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