NISM 10B Investment Adviser Level 2 Notes

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  • Loss Set-Off: Equity losses set off against other capital gains.
  • Loss Carry Forward: Capital losses carried forward for 8 years.
  • Indexation: Not available for listed equity shares post-2024.
  • Grandfathering: Protects gains on listed shares acquired before 2018.
  • REIT Units: Equity-like taxation for capital gains on listed units.

NISM 10B NISM Investment Adviser Level 2

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