Last Updated: Monday, February 17, 2014, 14:13
The government has also lowered its STT target to Rs 5,497 crore from Rs 6,720 crore for the current fiscal.
Last Updated: Thursday, October 17, 2013, 19:23
A Sebi commissioned study has suggested lowering of Securities Transaction Tax (STT) to boost the capital market.
Last Updated: Thursday, August 22, 2013, 09:00
The exemption limit at Rs 2 lakh for individual tax payers is unlikely to be touched, but a new slab of 35 percent may be introduced for the super-rich.
Last Updated: Friday, May 24, 2013, 22:08
The revision is as per the Finance Act 2013, which received Presidential assent on May 10.
Last Updated: Thursday, February 28, 2013, 18:38
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.
Last Updated: Monday, February 25, 2013, 17:18
It is Budget time and the issue whether the Commodity Transaction Tax (CTT) should be imposed has cropped up again. Even as the government mulls over the contentious tax proposal, the idea has been vehemently opposed by all sides.
Last Updated: Wednesday, February 06, 2013, 18:01
Net direct tax collection grew by 12.49 percent to over Rs 3.90 lakh crore in the April-January period, less than the budgeted annual target of 15 percent, reflecting the impact of slowdown.
Last Updated: Tuesday, September 18, 2012, 15:40
Sebi chief U K Sinha on Tuesday said that Securities Transaction Tax should be used in such a way that it incentivises people to make investments for the long term rather than reap short term benefits.
Last Updated: Friday, March 16, 2012, 14:02
The measure would see STT coming down from 0.125 percent to 0.1 percent.
Last Updated: Monday, February 06, 2012, 21:23
Ahead of the Budget, stock exchanges will pitch for abolition of the Securities Transaction Tax (STT) at their meeting with Finance Ministry officials Tuesday.
Last Updated: Sunday, February 05, 2012, 16:27
The Finance Ministry is likely to reduce Securities Transaction Tax (STT) on equity trade in the forthcoming Budget in a bid to boost the capital market despite pressure to improve revenue collection.
Last Updated: Wednesday, November 23, 2011, 16:34
The government has no proposal to lower the securities transaction tax (STT) for capital market transactions, S.S. Palanimanickam, Minister of State for Finance, told lawmakers.
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