Ctt

The only agenda for Commodity Derivatives market is to waive off the Commodity Transaction Tax that was levied in 2013-14.

Six expectations from Budget 2021 for Commodity market by Kotak Securities

The focus of Budget 2021-2022 could be largely to mend the economy and boost growth and fight inflationary pressures. While the economy came under pressure, the commodities market was also not left unaffected.

Stocks want to fly higher. Budget 2020 can just lend a hand

A long-standing demand from the stakeholders is either a reduction or elimination of STT (Securities Transaction Tax) and CTT (Commodities Transaction Tax)

Budget 2020 | Level playing field between MF, ULIPs; allow plan switch without tax: SEBI to FM

SEBI has written to the Ministry of Finance ahead of the Union Budget, recommending about a dozen measures for the commodity market, mutual funds and AIFs.

FinMin bats for 'single rate-single exchange' for gold spot exchange

The Finance Ministry has proposed setting up a single gold spot exchange at a meeting with exchanges last week, all of which want to set up individual spot exchanges.

Budget 2017: Tough job for finance minister of meeting too high expectations

The GDP growth forecasts have been affected by demonetisation, which in turn has led to high expectations of a budget which will cut taxes, incentivize savings, raise more revenue, be anti-inflationary and push growth

Final norms for options trading likely in 2 weeks: MCX

Speaking to CNBC-TV18 Mrugank Paranjpe, MD, MCX said that he believes the final contours for options trading from SEBI might come in 2 weeks.

Budget 2015: Commodity industry expects relief on CTT, says Ventura

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.

Union Budget 2015: Sugar export subsidy of Rs. 4000/MT expected, says ADMISI

Union budget needs to act on many issues in commodities markets ranging from CTT, sugar export subsidy, gold import duty and implementation of GST.

Budget 2015-16: Expect commodity transaction tax to be removed, says MCX

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.

No respite on transaction costs nor on taxes

Brokers were demanding lower transaction taxes and lower capital gains tax.

Pre-Budget expectations for commodity markets: Religare

According to Religare Retail Research, traders and investors from commodity derivatives market are expecting the government to announce steps to restruc-ture the Forward Contracts Regulation Act (FCRA). This would increase depth in the market and will help in efficient price discovery, says the report.

Budget 2015-16: Expect focus to be more on improving macros - Arihant cap

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.

FMC asks investors to live with CTT; proposes reforms

Commodity Transaction Tax of 0.01 percent was slapped on futures trading of non-agricultural items and some processed food items in July 2013.

FinMin to notify CTT on Thu; 23 agro-items excluded: Srcs

Finance Ministry may notify implementation of commodity transaction tax on Thursday, which will be applicable non-agri commodities futures from July 1.

SP Tulsian bets on two stocks for 20-27% returns

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com picks two stocks as his multi-baggers for the day. Tulsian bets on MCX and APL Apollo Tubes. He predicts MCX India's target price to be Rs 1,250 and APL Apollo Tubes' target price to be Rs 225 in the next six months.

Biz of MCX continues to be good for long term: Sekhar

Phani Sekhar, Fund Manager of Angel Broking feels the business of MCX continues to be good from a very long-term perspective.

Budget 2013: Godrej praises FM for Budget, hopes CTT reconsideration

The Union Budget 2013, which was presented by the finance minister on last Thursday, was hailed as a forward looking and prudent Budget.

Budget Analysis: Volumes will shift to other channels post CTT, warns MCX

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.

Budget 2013: 0.01% transaction tax on non-agri futures trade

In a major setback to commodity exchanges, finance minister Chidambarm today proposed a transaction tax of 0.01 percent on non-agri futures traded on the bourses.

Budget 2013: FM should not increase import duty on gold says expert

Although pre budget event to raise import duty on gold has hammered the investor sentiments about bullion market in India, if CTT introduced then it will have radical impact on over all commodities section.

Budget to aim at eco growth; FinMin mulls oil import cess

In the run up to Budget 2013-14 the finance ministry is considering various areas of taxation and is mulling a cess on import of crude oil. It could be as low as one percent.