https://www.taxtmi.com/acts?id=51727 Tax on long-term capital gains is computed as the sum of tax on total income excluding those gains and a specified flat-rate tax on the long-term gains themselves; residents may reduce gains by any shortfall that brings residual income below the basic exemption, transfers of certain pre-23 July 2024 land or buildings permit ignoring an excess tax calculated by a prescribed difference formula using indexed acquisition/improvement, and non-residents or foreign companies compute gains on unlisted or closely held shares without applying certain set-off provisions. en-us Thu, 14 Aug 2025 11:28:53 +0530 Thu, 28 Aug 2025 12:00:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51727 Tax on long-term capital gains is computed as the sum of tax on total income excluding those gains and a specified flat-rate tax on the long-term gains themselves; residents may reduce gains by any shortfall that brings residual income below the basic exemption, transfers of certain pre-23 July 2024 land or buildings permit ignoring an excess tax calculated by a prescribed difference formula using indexed acquisition/improvement, and non-residents or foreign companies compute gains on unlisted or closely held shares without applying certain set-off provisions. Act-Rules Income Tax Thu, 14 Aug 2025 11:28:53 +0530 https://www.taxtmi.com/acts?id=51727