Commodity Transaction Tax (ctt)

Feb 26, 2015 at 15:52 | Source: Moneycontrol.com
India Budget 2015-16 is round the corner and commodity market have a lot of expectations from this budget after Indian economy emerged as one of the fastest growing economies in the world led by the stable government at the Center, says Ventura.
Feb 25, 2015 at 09:57 | Source: CNBC-TV18
MCX Joint Managing Director Singhal says commodity trading volumes have come down significantly since the imposition of CTT, and this is also leading to grey market transactions in which the government gets no revenue at all.
Feb 24, 2015 at 19:18 | Source: Moneycontrol.com
Brokers were demanding lower transaction taxes and lower capital gains tax.
Feb 23, 2015 at 16:01 | Source: Moneycontrol.com
Arihant capital markets has come out with its preview on Union Budget 2015-16. "Few sectors which may hog limelight in the budget are Defence, Renewable energy and Infrastructure. Apart from this expect focus to be more on improving macros", says the report.
Feb 06, 2015 at 19:02 | Source: Moneycontrol.com
Budget should take steps to make commodities markets in India more vibrant. Taxation issues should be resolved and more investments should be encouraged into real infrastructure such as warehouses, cold storage logistics to ensure low wastage.
Aug 18, 2014 at 16:12 | Source: PTI
MCXs market share held steady at above 80 percent beginning April 2014 and clocked a high of 83.4 percent by the first fortnight of August 2014, a statement said.
Jul 22, 2014 at 22:00 | Source: CNBC-TV18
The closure of commodity exchanges in the last two years raises the issue of financial health and diversified ownership. Industry experts believe diversified institutional ownership is way forward for survival of commodity exchanges.
Jun 13, 2014 at 17:21 | Source: CNBC-TV18
STT was introduced in the 2004-05 Union Budget covers mutual fund units traded on exchanges. It is applicable on all sell transactions for both F&O contracts.
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.
Messages on Commodity Transaction Tax (ctt) »

Web Messenger

Platinum Member

293847 Followers

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 2014

gyanbhai

Platinum Member

23 Followers

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

Web Messenger

Platinum Member

293847 Followers

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
1

Platinum Member

2280 Followers

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
ry

Platinum Member

954 Followers

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

Platinum Member

154 Followers

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

Gold Member

42 Followers

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

New Member

2 Followers

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

Gold Member

12 Followers

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

Gold Member

12 Followers

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

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.