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
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
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
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
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
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
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
"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
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
-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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