No Enhanced Surcharge on FPIs for Capital Gains in Equities, Derivatives, Says Govt

In the 2019-20 Budget, the government had increased surcharge from 15 per cent to 25 per cent on taxable income between Rs 2 crore and Rs 5 crore, and from 15 per cent to 37 per cent for income above Rs 5 crore.

from Top Business News- News18.com https://ift.tt/2MzwMc5