Announcement
24 Aug 2019
A surcharge applicable on high taxable income has been withdrawn for capital gains on the transfer of derivates by FPIs.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
24 Aug 2019
Revocation date:
No revocation date
Updated: 24 Aug 2019
Controls on commercial transactions and investment instruments
In force
On 24 August 2019, the Indian Ministry of Finance has withdrawn the levy of a surcharge on the capital gains tax payable on the transfer of Derivatives (Futures and Options) by Foreign Portfol...
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