 "Capital gains tax evasion under CBI scanner")
The Central Bureau of Investigation (CBI) is probing if any government officials were involved in misusing stock exchange platforms to benefit from the long-term capital gains tax (LTCG) exemption.
According to sources, CBI officials visited the headquarters of the Securities and Exchange Board of India (Sebi) in Mumbai to get relevant files pertaining to LTCG cases probed by the markets regulator.
This comes at a time the income tax (I-T) department is probing the entities which had allegedly misused capital gains provisions to evade taxes worth Rs 34,000 crore.
Gains made from the sale of shares held
According to sources, CBI officials visited the headquarters of the Securities and Exchange Board of India (Sebi) in Mumbai to get relevant files pertaining to LTCG cases probed by the markets regulator.
This comes at a time the income tax (I-T) department is probing the entities which had allegedly misused capital gains provisions to evade taxes worth Rs 34,000 crore.
Gains made from the sale of shares held
