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Bill - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Amendment of section 10. - Provides exemption from capital gains ...


Section 10 Amendment: Capital Gains Tax Exemption for Stock Exchange Transactions in International Financial Services Centres in Foreign Currency.

February 29, 2016

Act Rules     Bill

Amendment of section 10. - Provides exemption from capital gains tax in case of income arising from transaction undertaken on a recognised stock exchange located in the International Financial Services Centre and the consideration for such transaction is paid or payable in foreign currency.

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