#transaction tax
Log in to FollowLatest transaction tax updates, legal developments, compliance requirements, case laws, notifications and expert analysis for professionals on TaxGuru.

Contrast between Securities & Commodities Transaction Tax

Securities Transaction Tax (STT)

Income tax refunds may get delayed by a fortnight

Short term capital losses subject to STT can be set off against Short term capital gains not subject to STT

STT is applicable on Mutual fund trading and profit is taxable too

Direct tax collections register growth of 3.71% till November 2009
Working committee to review existing policy on foreign portfolio investment

Comments on New Direct Tax Code

Set-off of short-term capital losses, subject to STT, allowable against short-term capital gains not subject to STT

Major changes proposed in Direct Tax Code related to Capital Gain tax

Direct Tax code will benefit more to people in higher income group

Download Direct Tax Code 2009 and main highlights of the same

Foreign companies can also claim benefit of lower Rate of Tax on Capital Gain from securities transaction

No BCTT shall be charged in respect of any taxable banking transaction after the 31st day of March, 2009
Explore the latest transaction tax updates on TaxGuru, including relevant legal provisions, notifications, circulars, case laws, compliance developments and expert analysis. This page brings together important developments and practical guidance to help taxpayers, businesses and professionals stay informed and understand the regulatory and commercial implications of changes.
