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Commodity Transaction Tax (ctt)

Feb 06, 2014 at 21:33 | Source: PTI
Commodity Transaction Tax of 0.01 percent was slapped on futures trading of non-agricultural items and some processed food items in July 2013.
Jul 29, 2013 at 16:41 | Source: CNBC-TV18
Rashesh Shah, chairman and CEO of Edelweiss Financial Services feels that the company could post a 40 percent growth year-on-year (YoY) due to a diversification in their business.
Jun 20, 2013 at 15:53 | Source: Reuters
India will levy 0.01 percent commodities transaction tax on futures contracts of non-agricultural commodities like precious, base metals, oil and gas, from July 1.
Jun 19, 2013 at 20:14 | Source: Moneycontrol.com
Finance Ministry may notify implementation of commodity transaction tax on Thursday, which will be applicable non-agri commodities futures from July 1.
Apr 04, 2013 at 16:57 | Source: CNBC-TV18
Parthasarathi Shome, Advisor to FM is no outsider to the finance ministry. In his first term during United Progressive Alliance (UPA-I), he along with Finance Minister (FM) P Chidambaram was the brain behind new taxes such as the commodities transaction tax (CTT) and the fringe benefit tax (FBT).
Mar 15, 2013 at 18:07 | Source: Moneycontrol.com
MCX India decided to take all requisite steps as may be necessary including making of relevant representations to various authorities for reconsideration and withdrawal of CTT on non-agri commodities, in view of inequitable nature of the suggested transaction tax structure for non-agri derivatives vis a vis agri-derivatives and currency derivatives
Mar 07, 2013 at 16:34 | Source: CNBC-TV18
Phani Sekhar, Fund Manager of Angel Broking feels the business of MCX continues to be good from a very long-term perspective.
Mar 04, 2013 at 15:50 | Source: CNBC-TV18
Talking to CNBC-TV 18 about the introduction of commodity transaction tax (CTT) in the Budget last week, Shreekant Javalgekar, MD & CEO, MCX, said the proposal was fraught with many inconsistencies.
Mar 01, 2013 at 16:55 | Source: Moneycontrol.com
As expected after many speculation about CTT, it was introduced by FM during budget speech, is going to affect volume on all major commodities exchanges including MCX and NCDX. MCX accounts almost 80% of trades from non-agro commodities like bullion metals and energy.
Feb 28, 2013 at 17:28 | Source: Moneycontrol.com
The budget was a mixed bag for the small investor, with a reduction in securities transaction tax, but an introduction in a commodities transaction tax (in non-agricultural commodities).
Messages on Commodity Transaction Tax (ctt) »

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Commodities  

Source:NDTV Profit - New Delhi: Amid a sharp fall in trade volumes after imposition of commodity transaction tax (CTT), the Forward Markets Commission (FMC) said on Thursday that there is no thinking on reversing this tax, but several reforms are being considered to

12.49 PM Feb 7th

gyanbhai

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MCX India  

Commodity tax hits trading volumes The turnover of top two commodity bourses - MCX and NCDEX - dropped by up to 50 per cent on the first day of enforcement of commodity transaction tax (CTT). CTT of 0.01 per cent has been made effective from July 1 on the futures trading of non-agri commodities

10.13 AM Jul 3rd 2013

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MCX India  

Source:Business Today - The turnover of top two commodity bourses - MCX and NCDEX - dropped by up to 50 per cent on the first day of enforcement of commodity transaction tax (CTT).CTT of 0.01 per cent has been made effective from July 1 on the futures trading of non-agri commodities and processed

11.38 PM Jul 2nd 2013

radha123201
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Commodities  

Commodity transaction tax to be levied from July 1: Commodity Transaction Tax (CTT) will come into effect from July 1 with a levy of 0.01 per cent of the transactional value being applicable on the seller in futures trading of a host of items such as gold, sugar and edible oils.

10.53 AM Jul 1st 2013

bajajadviso
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Commodities  

After a lot of uncertainty,anxieties and apprehensions,Commodity Transaction Tax (CTT) isbecoming a reality from July 1,2013.Finance Minister P Chidambaramhad notified CTT in the UnionBudget for 2013-14 stating that itwill be on par with the amendedSecurities Transaction Tax (STT) tobe levied

6.53 PM Jun 20th 2013

subtlearmy

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Commodities  

Breakingnews- Finance Ministry to notify Commodity Transaction Tax soon,, NEW DELHI: Finance Ministry will soon notify implementation of Commodity Transaction Tax (CTT) which will be levied primarily on processed agricultural commodities, including sugar, soya oil and mentha oil. The exchanges

8.42 PM Jun 19th 2013

rajucrs

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MCX India  

replying on the Finance Bill, did not bring in any amendments in the provision related to the Commodity Transaction Tax (CTT). Also, while the additional excise duty imposed on sports utility vehicles (SUVs) was not part of the Finance Bill, the auto industry and the nodal Ministry for the sector

1.26 PM May 1st 2013

bn4423

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Odd One Out  

"We are taking ...a tariff cushion to raise theimport duty from 30 per cent to 70 per centso that, if necessary, we can impose a higherduty on imported cashew," he said.Referring to the proposal to imposeCommodities Transaction Tax (CTT) on non-agriculture items, he said, "

7.32 PM Apr 30th 2013

gheisanjeev

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MCX India  

MCX India - Update - Commodity Transaction Tax (CTT) Multi Commodity Exchange of India Ltd has informed BSE that at a meeting of the Board of Directors of the Company, the Board, inter-alia, considered and discussed the issue of imposition of Commodity Transaction Tax (CTT) on non

1.41 PM Apr 15th 2013

gheisanjeev

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MCX India  

-sighted FM seeks CTT impact analysis from FMC After proposing a commodity transaction tax (CTT) in its Budget for the coming year, the Union finance ministry seems to have had second thoughts. It asked the Forward Markets Commission (FMC) for a detailed analysis of CTT`s impact on the non

6.08 PM Mar 27th 2013

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