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Securities Transaction Tax (stt)

Jun 23, 2014 at 13:59 | Source: Moneycontrol.com
The key announcements from Budget 2012 were Excise duty, service tax rates increased from 10 percent to 12 percent. Securities transaction tax reduced by 25 basis points to 0.1 percent.
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.
Jun 11, 2014 at 18:43 | Source: PTI
"For us if you cannot reduce the STT overall, then you have to restructure STT to basically reduce it for delivery transactions," BSE's Managing Director and Chief Executive Officer Ashishkumar Chauhan said today.
Jun 11, 2014 at 17:28 | Source: Moneycontrol.com
If NRIs carry out transactions in shares, mutual funds and/or similar securities, the monetary gains from the same are also tax accountable, for which they are supposed to file returns. The due date for this, only in case of NRIs, is July 31.
Jun 11, 2014 at 12:26 | Source: Moneycontrol.com
According to a working paper by NSE in 2011, overall transaction costs in India are high mainly because of STT, as other costs like exchange transaction fee, brokerage charge, depository participant charge, and impact cost have all been declining over the years.
Oct 22, 2013 at 12:27 | Source: Moneycontrol.com
Balwant Jain of apnapaisa.com tries to decode the taxation issues relating to income from shares from the stock market.
Jul 30, 2013 at 18:03 | Source: Moneycontrol.com
Financial advisor Arnav Pandya explains the various tax implications that may be involved when share acquisitions happen. He stresses o the use of securities transaction tax and capital gains tax in various transactions.
Jun 29, 2013 at 16:24 | Source: Moneycontrol.com
Financial advisor Arnav Pandya discusses the various implications on taxation based on the different types of buybacks. The Sebi had cleared the new buyback norms, which ensured 50 percent of earmarked funds for buyback is utilised by the company and 25 percent is kept in escrow account.
May 26, 2013 at 10:02 | Source: Reuters
The National Stock Exchange will reduce the securities transaction tax (STT) on equity futures to 0.01 percent from 0.017 percent from June 1, NSE said in a statement.
May 24, 2013 at 17:48 | Source: PTI
National stock exchange scaled down the securities transaction tax in the capital markets segments; in the futures segment, the tax now stands at 0.01 percent from 0.017 percent.
Messages on Securities Transaction Tax (stt) »

warmest

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112 Followers

SpiceJet  

Removal of Securities Transaction Tax (STT): Traders in market will be a happy lot if the new government lowers or removes the STT in its next Budget. STT is levied on the sale and purchase of equities in the capital markets. The previous government had fixed its collection from STT to Rs 5

8.16 PM May 28th

Willwin

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183 Followers

DIC India  

Long term investors who are tendering their shares will have to pay 10% tax on long term gain because that doesn`t attract Securities Transaction Tax (STT) . So it is better for long term invesors investors to sell in the market at the last call before delisting, that way you save 10% tax and pay

10.20 AM Jan 3rd

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Brokerage Recommendation  

Source:DomainB - A joint study by the Securities and Exchange Board of India (SEBI) and Development Research Group (DRG) has found that the dominance of futures market over options has diminished after the introduction of the securities transaction tax (STT) even as the spot market continued

12.58 PM Oct 19th 2013

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News Now  

Source:The Hindu BusinessLine - A SEBI commissioned study has suggested lowering of Securities Transaction Tax (STT) to boost the capital market. The study, conducted by independent experts for SEBI’s Development Research Group, found that spot-market has been dominating the futures and option (F

8.57 PM Oct 17th 2013

bajajadviso
ry

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955 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

Firstpost

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Abhishek Corp  

Source:FirstPost - Reuters Market Eye - The National Stock Exchange will reduce the securities transaction tax (STT) on equity futures to 0.01 percent from 0.017 percent from June 1, NSE said in a statement.Purchases of a unit in an equity-oriented fund will not attract any STT compared to 0

10.31 AM May 25th 2013

rajucrs

Gold Member

19 Followers

MCX India  

was expecting some relaxation. The Finance Bill, 2013, proposed CTT on non-agro commodities such as gold, silver and crude oil among others. Sellers will now have to pay tax at the rate of 0.01 per cent (which means tax of Rs 10 for transaction value of Rs 1 lakh), similar to the Securities Transaction Tax

1.26 PM May 1st 2013

gheisanjeev

Gold Member

9 Followers

MCX India  

Chidambaram had proposed to levy a 0.01 per cent CTT on the non-agri futures segment, on the lines of the Securities Transaction Tax (STT) on equity bourses. Experts fear a repeat of what took place after the STT was levied, with equity volumes shifting from India to the Singapore exchange. Global commodity

6.08 PM Mar 27th 2013

MF Investment Help  

of investments that have not completed a year will be charged at 1.5 per cent depending on the fund house. You should also look into the Securities Transaction Tax (STT). The fund house will deduct STT at 0.001per cent when you redeem your investment. Also, your question about buying at low price

8.58 PM Mar 22nd 2013

anshaf1990

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196 Followers

Suzlon Energy  

The government will reduce taxes levied on various transactions in the securities market, a move that will help in bringing down the overall cost for investors. Unveiling the Union Budget for 2013-14, Finance Minister P Chidambaram said the Securities Transaction Tax (STT) would be cut

1.54 PM Mar 1st 2013

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