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Govt softens capital gains tax blow
Rediff.com

Govt softens capital gains tax blow

‘Genuine’ share transfer gets relief; CBDT lists three scenarios where tax would be levied Providing relief to genuine transactions where the securities transaction tax (STT) was not paid at the time of purchase of shares, the government on Monday proposed to keep these out of the purview of the capital gains tax, introduced in the Finance Act, 2017. The Central Board of Direct Taxes (CBDT) has proposed three scenarios where the capital gains tax would be levied and has kept other ... Rediff.com, 1 month ago
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