alexa
 
Home News CBDT proposes norms for tax benefits for genuine equity deals

Read more interesting news from around the globe with Wealth Doctor App

Google Play
 
CBDT proposes norms for tax benefits for genuine equity deals

CBDT proposes norms for tax benefits for genuine equity deals

Tuesday, April 4, 2017, 10:17 AM

Genuine equity investments through initial public offers and bonus share issues won’t have to face long term capital gains tax even if no securities transaction tax (STT) was paid on their transfers. The Central Board of Direct Taxes (CBDT) issued a draft notification to this effect on Monday, bringing relief to the investment community.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!