Latest News on Securities transaction tax
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Securities transaction tax - Total results - 11
Sep 12, 2017
Direct tax collection grows 17.5% to Rs 2.24 lakh crore in Apr-Aug boosted by personal tax mop-upThe government estimates to collect Rs 9.80 lakh crore from direct taxes in the current fiscal.
Jul 07, 2017
Net direct tax collection rises 14.8% to Rs 1.42 lakh cr in Q1, 5.2% drop in refundsThe net direct tax collection represents 14.5 percent of the total Budget Estimates of direct taxes (Rs 9.8 lakh crore) for 2017-18,
Jun 08, 2017
LTCG tax ambiguity over pref share allotment; why the new I-T Act needs to be simplifiedThe further inference therefore is if shares are actively traded shares borne of preferential allotment they would enjoy immunity from LTCG tax even though STT was not paid
Dec 27, 2016
Brace for higher short-term capital gains tax, dividend incomeCurrently, the short-term capital gains tax is fixed at 15 percent, but report suggests that the rate could be increased to 20 percent during this year's budget announcement
Feb 28, 2016
Budget 2016: Will Arun Jaitley address tax hurdles in the M&A domain?Though the steps taken by the government have helped improve investor perception towards India as well as the ease of doing business in the country to some extent, there exist certain bottlenecks which need urgent attention
Dec 05, 2015
GST Act draft leaked; the 'reform' can deal a body blow to economyThe other nightmare that will be caused by taxing internal transactions is demand for tax on services rendered by any head office of any company to its branch offices in other states.
Jan 23, 2015
Direct tax collections up 13% in nine months of FY'15The growth rate of direct tax collections, however, is still short of annual target of 16 percent. During the April-December period of last fiscal, the government had collected Rs 4.84 lakh crore.
Jun 11, 2014
BSE seeks reduction in securities transaction taxBSE has written to the government seeking rationalisation and reduction in STT.
Dec 21, 2013
Net direct tax collection up 13.7% till 20 Dec in FY'14Advance tax collection from corporates rose by 8.4 percent to Rs 1,76,935 crore as compared to the same period last year, it added.<br /><br />
Oct 08, 2013
Direct tax collection up 10.66% in Apr-Sept at Rs 3 lakh crThe collections totalled Rs 2.72 lakh crore in the same period of 2012-13 fiscal.