February 1, 2018 / 7:17 AM / 23 days ago

BRIEF-India Budget: Proposes Long Term Capital Gains Tax With Certain Conditions

MUMBAI, Feb 1 (Reuters) - Finance Minister Says:

:PROPOSES TO BRING LISTED ENTITIES UNDER LONG TERM CAPITAL GAINS TAX

: PROPOSES TAX ON DISTRIBUTED INCOME ON EQUITY ORIENTED MUTUAL FUNDS AT 10 PCT

: PROPOSES LONG TERM CAPITAL GAINS TAX WITH CERTAIN CONDITIONS

: LONG-TERM CAPITAL GAINS EXCEEDING 100,000 RUPEES TO BE TAXED AT THE RATE OF 10 PCT (Reporting by New Delhi Newsroom)

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