Tag Archives: Tax on Rupee denominated bonds

Capital gain exemption to rupee denominated bonds w.e.f AY 2018-19

By | February 11, 2017

Extension of Capital Gain exemption to rupee denominated bonds [Sections 47 and 48 of Income tax Act – Applicable from Assessment Year 2018-19 ( Financial Year 2017-18) ] With a view to provide relief to non-resident investor, in the wake of permission to the Indian corporates by the Reserve Bank of India (the RBI) to… Read More »