Long-term capital gains on sale of listed equity shares are subject to tax at 10%
Listen to this article
The recent budget proposes to extend the dividend stripping provisions to transactions in units of Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs) and Alternative Investment Funds (AIFs), from the existing applicability of transactions in securities and units of mutual funds (MFs). The bonus stripping provisions are now being made applicable to all securities, including shares, besides transactions in units of REITs, InvITs and AIFs.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.