Budget 2013-14: Hope FM accepts Shome Committee's offshore transf

http://newsdoors.blogspot.com/2013/02/budget-2013-14-hope-fm-accepts-shome.html

1) Clarify that the reduced income-tax rate of 10 percent on long term capital gains applies to exits from unlisted private companies as well.
2) Tax 'pass through' status which is currently available to Category I AIF, to be extended to Category II & III AIF as well - necessary amendment for same to be made in tax laws.
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