STT

  • Budget 2012: Government cuts STT to 0.1 pc 16-03-2012 02:15 PM

    New Delhi: The Government on Friday lowered the securities transaction tax (STT) to 0.1 per cent, a move that will bring down costs of equity transactions. STT, which was introduced in 2004, is levied on the sale and purchase of equities. "In order to reduce transaction costs in the capital...
  • Union Budget to decide market sentiment 13-02-2012 02:27 PM

    Mumbai, Last week was indeed flat and positive with NIFTY gaining back almost all that it had lost during the first few days. Immense fund flow clubbed with retail participation helped NIFTY to move above 5400, hinting that the markets are entering another bull phase. NIFTY is on a consolidation...
  • Stock exchanges for abolition of STT in Budget 07-02-2012 09:18 PM

    New Delhi: Stock exchanges on Tuesday pitched for abolition of the Securities Transaction Tax (STT) on equity trades at their meeting with Finance Ministry officials in New Delhi. The issue of removal of STT was raised by representatives of different stock exchanges, including BSE, National Stock Exchange, MCX-SX and USE....
  • FM proposes to add STT to annual information returns 18-01-2008 01:29 AM

    Mohali: Shaun Marsh is a happy man today not just because he scripted Kings XI Punjab's win by smashing 71 runs but also because he batted successfully against legendary leg-spinner Shane Warne. Marsh smashed Warne for three sixes in the 14th over the of the Punjab innings and also raised...