Part of: Section 115AD — Tax on income of Foreign Institutional Investors from securities or capital gains
(ii) the amount of income -tax calculated on the income by way of short -term capital gains referred to in clause ( b), if any, included in the total income, at the rate of thirty per cent: 6[Provided that the amount of income -tax calculated on the income by way of short -term capital gains referred to in section 111A shall be at the rate of 7[fifteen per cent.];]