New Delhi, June 5 (IANS) The central government on Friday issued the Income‑tax (Amendment) Ordinance, 2026, exempting foreign investors from paying taxes on interest income and capital gains arising from investments in government securities.The ordinance, effective April 1, 2026, amends Schedule IV of the Income‑tax Act, 2025, to add new entries exempting “any interest on Government security, and any capital gains arising from the sale, exchange or transfer of such Government security” …
Latest Long-term Capital Gains Tax News & Updates
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Sunday announced a sharp hike in the Securities Transaction Tax (STT) on futures and options while presenting the Union Budget 2026-27 in Parliament.The move marks a significant increase in transaction costs for traders in the derivatives segment. Experts attributed intra-day’s stock market crash to hike in the charges.The STT on futures has been raised to 0.05 per cent from the earlier 0.02 per cent, amounting to a 150 per cent hike…
Mumbai, Jan 31 (IANS) Zerodha co-founder Nithin Kamath has raised concerns over the repeated increase in Securities Transaction Tax (STT), saying that higher taxes are slowly hurting trading activity in the markets.In a recent social media post, Kamath explained that STT was introduced at a time when long-term capital gains (LTCG) tax was removed.However, even after LTCG was brought back, STT has continued to rise with every Union Budget.He said that as a market participant, he always hopes for …