Is long term gain on shares or units tax free under Direct Tax Code?

Print Friendly, PDF & Email

The good news is : Yes, the long term capital gains on sale of shares of companies or mutual funds on which securities transaction tax has been deducted is made tax free. But , just note that instead of exemption being given like section 10(38) , now everyone who wants that tax not be paid on shares…

This content is for Monthly and Semi Annual members only.
Log In Register

Comments are closed.