Sebi’s tweak on capital gains simplifies securities transfer from nominee to legal heir. Check details by ET Markets | September 19, 2025 8:05 pm | Indian Stocks, Market, News Sebi has simplified the process of transferring securities from nominees to legal heirs by introducing a standard reason code ‘TLH’. Effective January 1, 2026, this ensures exemption clarity under Section 47 of the Income Tax Act.
