India's Central Board of Direct Taxes (CBDT) has published a copy of the Finance Act 2024, which was enacted on 15 February 2024 for the implementation of the Union Budget for 2024-2025. As previously reported, the tax measures of the Budget are relatively limited and include:
- Exemption under Section 10(4D) in relation to income derived on the transfer of capital assets on a recognized stock exchange in an International Financial Services Centre (IFSC) to continue if the investment division…