TMI BlogMarket Linked Debentures now included in the definition of securities and transfer of such market linked...Market Linked Debentures now included in the definition of securities and transfer of such market linked securities is taxable under as short term capital gain as well, Earlier they were taxed as long term only @10% (without indexation). ..... X X X X Extracts X X X X X X X X Extracts X X X X
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