Do you know what is the Securities Transaction Tax?
Submitted by: AdministratorSecurities Transaction Tax was introduced in India at time of 2004 budget and is applicable from 1 October 2004. Securities Transaction Tax is the tax which is payable on the amount of taxable securities transaction.
Securities Transaction Tax is just levied on purchase and sale of those securities that are listed on the Indian Stock Exchanges.
Securities Transaction Tax was introduced by the Finance Minister, to restrict people from evading tax on capital gains.
Submitted by:
Securities Transaction Tax is just levied on purchase and sale of those securities that are listed on the Indian Stock Exchanges.
Securities Transaction Tax was introduced by the Finance Minister, to restrict people from evading tax on capital gains.
Submitted by:
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