Wednesday, 11 June 2014

The Securities & Exchange Board of India has urged the finance ministry not to tax investors when they buy stocks. 

Today a buyer as well as the seller has to pay securities transaction tax on a deal in the spot or cash market. in exchange traded derivative contracts, such as F&O , only the seller pays STT.

http://economictimes.indiatimes.com/news/economy/policy/sebi-asks-finance-ministry-to-not-tax-investors/articleshow/36363753.cms

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