Security Transaction Tax (S.T.T)
This query is : Resolved
25 August 2010
Sir/Madam,
1. What is Security Transaction Tax S.T.T)...???
2. Why it is leviable...???
3. What it's rate...???
4. On what kind of securities it is leviable...???
1. What is Security Transaction Tax S.T.T)...???
2. Why it is leviable...???
3. What it's rate...???
4. On what kind of securities it is leviable...???
25 August 2010
Securities Transaction Tax (STT) is a tax being levied on all transactions done on the stock exchanges.Securities Transaction Tax is applicable on purchase or sale of equity shares, derivatives, equity oriented funds and equity oriented Mutual Funds.
For rates of STT check following link---
http://www.taxguru.in/budget-2010/tax-rate-applicable-for-a-y-2011-12-on-income-dividend-wealth-mat-stt-capital-gain-and-presumptive-income.html
For rates of STT check following link---
http://www.taxguru.in/budget-2010/tax-rate-applicable-for-a-y-2011-12-on-income-dividend-wealth-mat-stt-capital-gain-and-presumptive-income.html
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