Tell me what is the Securities Transaction Tax?
Submitted by: Muhammad1. Securities Transaction Tax (STT) was introduced in India at time of 2004 budget and is applicable from 1 October 2004. STT is the tax which is payable on the amount of taxable securities transaction.
2. STT is just levied on purchase and sale of those securities that are listed on the Indian Stock Exchanges.
3. Securities Transaction Tax was introduced by the Finance Minister, P. Chidambaram to restrict people from evading tax on capital gains.
Submitted by: Muhammad
2. STT is just levied on purchase and sale of those securities that are listed on the Indian Stock Exchanges.
3. Securities Transaction Tax was introduced by the Finance Minister, P. Chidambaram to restrict people from evading tax on capital gains.
Submitted by: Muhammad
Read Online Income Tax Expert Job Interview Questions And Answers
Top Income Tax Expert Questions
| ☺ | Please explain what is working capital? |
| ☺ | Explain me what is a deferred tax asset and why might one be created? |
| ☺ | Do you know what is share capital? |
| ☺ | Do you know what are limited liability companies? What are its two types? |
| ☺ | Explain me what are adjustment entries? Why are they passed? |
Top Financial Account Categories
| ☺ | CFO Interview Questions. |
| ☺ | Billing Specialist Interview Questions. |
| ☺ | Financial Controller Interview Questions. |
| ☺ | Hedge Fund Trader Interview Questions. |
| ☺ | Budget Analyst Interview Questions. |
