Sebi eases securities transfer, introduces TLH code; simplifies nominee-to-legal heir process
SEBI has introduced a simplified framework for transferring securities from a nominee to a legal heir, aiming to reduce tax and compliance burdens. A new reporting code, ‘TLH,’ will be implemented from January 1, 2026, ensuring these transfers are correctly reported and not taxed as capital gains. This move streamlines the asset transition process, benefiting legal heirs.🕒 1 min read
SEBI has introduced a simplified framework for transferring securities from a nominee to a legal heir, aiming to reduce tax and compliance burdens. A new reporting code, ‘TLH,’ will be implemented from January 1, 2026, ensuring these transfers are correctly reported and not taxed as capital gains. This move streamlines the asset transition process, benefiting legal heirs.
Continue Reading
-
Father Of Ignored Star Blasts BCCI Selectors: “They Gave Chance To Karun”
- This boasts 10 everyday bonus spins, providing you with a way to earn to C$1,000,000
-
Pakistan’s Fakhar Zaman Punished By ICC After Prolonged Argument With On-field Umpires
-
Vaibhav Sooryavanshi Primed To Break Sachin Tendulkar’s Youngest India Player Record: Report
-
Expert’s India “Second-Tier” AI Power Remark At Davos, Minister’s Stanford Study Reply
- ‘We want to be among leaders, if not the leader’
-
In Delhi Acid Attack Case, Cops Find Big Holes In Survivor’s Account
- Unresolved Questions That Continue To Shadow Prince Andrew Amid Epstein Ties
- US-based Ingredion to invest Rs 198cr in Sanstar, set up JV
- 5 Fruity Kulfi Flavours That Are Better Than Ice Cream Any Day