https://www.taxtmi.com/acts?id=53150 The amendment imposes an additional income tax on capital gains where the shareholder or holder of specified securities is a promoter: short term gains incur an extra 2% (domestic company) or 10% (non domestic), and long term gains incur an extra 9.5% (domestic) or 17.5% (non domestic). It retains existing tax computation and adds the specified surcharge. Definitions prescribe promoter for listed entities by securities regulation and otherwise by the Companies Act or over 10% shareholding; "specified securities" follows the Companies Act. Effective 1 April 2026 for tax year 2026-2027 onward. en-us Sun, 01 Feb 2026 15:15:19 +0530 Sun, 01 Feb 2026 15:15:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53150 The amendment imposes an additional income tax on capital gains where the shareholder or holder of specified securities is a promoter: short term gains incur an extra 2% (domestic company) or 10% (non domestic), and long term gains incur an extra 9.5% (domestic) or 17.5% (non domestic). It retains existing tax computation and adds the specified surcharge. Definitions prescribe promoter for listed entities by securities regulation and otherwise by the Companies Act or over 10% shareholding; "specified securities" follows the Companies Act. Effective 1 April 2026 for tax year 2026-2027 onward. Act-Rules Bills Sun, 01 Feb 2026 15:15:19 +0530 https://www.taxtmi.com/acts?id=53150