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FAQ ON TAXATION OF LONG TERM CAPITAL GAIN PROPOSED IN BUDGET-18

Subject: Frequently Asked Questions (FAQs) regarding taxation of long-term Capital gains proposed in Finance Bill, 2018-reg.  Under the existing regime, long term capital gains arising from transfer of long term capital assets, being equity shares of a company or a unit of equity oriented fund or a unit of business trust, is exempt from income-tax under clause (38) of section 10 of the Act....

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FAQ ON TAXATION OF LONG TERM CAPITAL GAIN PROPOSED IN BUDGET-18

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