Securities Transaction Tax (STT) Reduced

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..... Securities Transaction Tax (STT) Reduced - Budget Dated:- 28-2-2013 - News - The Finance Bill 2013-14 proposes reduction in the rates of Securities Transaction Tax (STT) in respect of ce .....

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..... rtain transactions. Presenting the Union Budget in the Lok Sabha today, the Finance Minister Shri P.Chidambaram proposed the following reductions in the rates of STT:- Equity futures: .....

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..... From 0.017 to 0.01 per cent MF/ETF redemptions at fund counters: From 0.25 to 0.001 percent MF/ETF purchase/sale on exchanges: From 0.1 to .....

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..... 0.001 percent, only on the seller The Finance Minister noted STT has a stabilising effect on transactions and he had proposed reductions in the rate of tax taking note of the changes and .....

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..... shifts in the market. *** DSM/RC/nb/24 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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