Sunday, June 12, 2016

What is STT?

     


Securities Transaction Tax (STT) is a tax being levied on all transactions done on the stock exchanges at rates prescribed by the Central Government from time to time. Pursuant to the enactment of the Finance (No.2) Act, 2004, the Government of India notified the Securities Transaction Tax Rules, 2004 and STT came into effect from October 1, 2004. 

No comments:

Post a Comment

How to Improve Spoken English (Without a Speaking Partner!): 14 Incredible Methods

1. Think in English Sometimes the difficult thing about English speaking isn’t the language itself, but how you think about it. If yo...