Tax on income of Foreign Institutional Investors from securities or capital gains arising from their transfer.

Tax on income of Foreign Institutional Investors from securities or capital gains arising from their transfer. https://www.taxtmi.com/acts?id=51740 The section establishes a rate-based tax regime for Foreign Institutional Investors and specified funds on income from securities and capital gains, requiring aggregate tax computation by income categories; limits application for specified funds to income attributable to non-resident unit holders or to specified investment divisions of offshore banking units; restricts certain deductions where income consists solely of securities income; and excludes section 72(6) for computing capital gains on the listed securities, with key terms defined for application. en-us Thu, 14 Aug 2025 11:42:31 +0530 Sat, 30 Aug 2025 11:21:03 +0530 TaxTMI RSS Generator Tax on income of Foreign Institutional Investors from securities or capital gains arising from their transfer. https://www.taxtmi.com/acts?id=51740 The section establishes a rate-based tax regime for Foreign Institutional Investors and specified funds on income from securities and capital gains, requiring aggregate tax computation by income categories; limits application for specified funds to income attributable to non-resident unit holders or to specified investment divisions of offshore banking units; restricts certain deductions where income consists solely of securities income; and excludes section 72(6) for computing capital gains on the listed securities, with key terms defined for application. Act-Rules Income Tax Thu, 14 Aug 2025 11:42:31 +0530 https://www.taxtmi.com/acts?id=51740