Moneycontrol PRO

business

UK Sinha 'hopeful' of cut in STT to reduce trading cost

UK Sinha, chairman of SEBI, is hopeful that the government will cut the securities transaction tax (STT) to bring down the cost of trading in the country.

first published: Nov 15, 2011 10:00 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347