YES SIR ITS ABSOLUTELY TRUE.
IN STOCK MARKETS THE FOLLOWING ARE MOST LIKELY TO HAPPEN
1.STT ABOLISHED
2. COMMON TAX RATE FOR LTCG AND STCG... HOWEVER CALCULATED DIFFERENTLY.
3. CORPORATE TAX @ 30%
---> SUBJECT TO FINAL CONFIRMATION FROM OFFICIAL SOURCES.
Regards
Yes, even I saw that programme a few minutes back.... and the info true. Infact, I dnt think that there are many changes in the proposal that was made last year.
But, we should wait for the official announcement in the Monsoon session of the Parliament...the confirmation should come by tomorrow regarding the same.
Yes its true.......
CAclubindia
