Securities Transaction-tax

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Securities Transaction-tax - Total results - 20
Wealth tax, STT, CTT disputes kept out of Vivad Se Vishwas amnesty scheme; govt issues detailed FAQ
Business

Wealth tax, STT, CTT disputes kept out of Vivad Se Vishwas amnesty scheme; govt issues detailed FAQ

Disputes relating to wealth, securities transaction, commodity transaction taxes and equalisation levy will not be covered under 'Vivad Se Vishwas' amnesty scheme

Budget 2020: From initiatives to boost consumption, promote growth, here's a slew of expectations from Nirmala Sitharaman
Business

Budget 2020: From initiatives to boost consumption, promote growth, here's a slew of expectations from Nirmala Sitharaman

When it comes to saving instruments, the types of instruments where relief for interest earned is available is different for different categories of taxpayers, adding complicity to tax laws and making it burdensome for the average taxpayer

Budget 2020: Commodity participants body urges govt to address high cost of trading in Indian markets
Business

Budget 2020: Commodity participants body urges govt to address high cost of trading in Indian markets

The Commodity Participants Association of India (CPAI) has urged the government to address high cost of trading in the Indian markets, which is leading to drastic drop in volume and liquidity

RBI guv Urjit Patel's take on LTCG tax: 'Multiple taxes on capital impact investments and savings'
Business

RBI guv Urjit Patel's take on LTCG tax: 'Multiple taxes on capital impact investments and savings'

Urjit Patel said there is sizable scope for the investment to GDP ratio to improve and pointed out to increasing capacity utilisation levels

Sensex, Nifty crash: Indian equity market is bound to recover some of its sheen sooner than later
Business

Sensex, Nifty crash: Indian equity market is bound to recover some of its sheen sooner than later

The steady fall in Sensex and Nifty following the Budget is not only due to the proposed 10 percent tax on LTCG but also in sympathy with the worldwide trends notably the one triggered by the US markets.

Hasmukh Adhia alleys investors' fears, says LTCG tax not causing sell-off at markets; blames global slump
Business

Hasmukh Adhia alleys investors' fears, says LTCG tax not causing sell-off at markets; blames global slump

Hasmukh Adhia, who is also Revenue Secretary, said income of government from Securities Transaction Tax (STT) is a paltry Rs 9,000 cr

Budget 2018: LTCG imposed to check tax base erosion, boost manufacturing, says govt
Business

Budget 2018: LTCG imposed to check tax base erosion, boost manufacturing, says govt

In Frequently Asked Questions (FAQs), govt said the Budget for 2018-19 provides for taxing Rs 1 lakh and above of Long-Term Capital Gains arising from sale of shares held for over one year at a concessional rate of 10 percent

Budget 2018:  LTCG from equities can't run for cover not even take shelter under NHAI bonds
Business

Budget 2018: LTCG from equities can't run for cover not even take shelter under NHAI bonds

Arun Jaitley feels need for humoring stock market by taxing STCG and LTCG there from at concessional rates of 15 percent and 10 percent respectively.

Budget 2018: Why mutual fund investments continue to remain attractive saving option despite return of LTCG tax
Business

Budget 2018: Why mutual fund investments continue to remain attractive saving option despite return of LTCG tax

Report says despite re-introduction of LTCG tax, investments made in equity related mutual funds still remained profitable.

Direct tax collection grows 17.5% to Rs 2.24 lakh crore in Apr-Aug boosted by personal tax mop-up
Business

Direct tax collection grows 17.5% to Rs 2.24 lakh crore in Apr-Aug boosted by personal tax mop-up

The government estimates to collect Rs 9.80 lakh crore from direct taxes in the current fiscal.

Net direct tax collection rises 14.8% to Rs 1.42 lakh cr in Q1, 5.2% drop in refunds
Business

Net direct tax collection rises 14.8% to Rs 1.42 lakh cr in Q1, 5.2% drop in refunds

The net direct tax collection represents 14.5 percent of the total Budget Estimates of direct taxes (Rs 9.8 lakh crore) for 2017-18,

LTCG tax ambiguity over pref share allotment; why the new I-T Act needs to be simplified
Business

LTCG tax ambiguity over pref share allotment; why the new I-T Act needs to be simplified

The 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

Brace for higher short-term capital gains tax, dividend income
Business

Brace for higher short-term capital gains tax, dividend income

Currently, 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

Budget 2016: Will Arun Jaitley address tax hurdles in the M&A domain?
Business

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

GST Act draft leaked; the 'reform' can deal a body blow to economy
Business

GST Act draft leaked; the 'reform' can deal a body blow to economy

The 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.

Direct tax collections up 13% in nine months of FY'15
Economy

Direct tax collections up 13% in nine months of FY'15

The 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.

BSE seeks reduction in securities transaction tax
India

BSE seeks reduction in securities transaction tax

BSE has written to the government seeking rationalisation and reduction in STT.

 Net direct tax collection up 13.7% till 20 Dec in FY'14
Economy

Net direct tax collection up 13.7% till 20 Dec in FY'14

Advance 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 />

Direct tax collection up 10.66% in Apr-Sept at Rs 3 lakh cr
Economy

Direct tax collection up 10.66% in Apr-Sept at Rs 3 lakh cr

The collections totalled Rs 2.72 lakh crore in the same period of 2012-13 fiscal.

Budget 2012: Everything retail investors need to know
Investing

Budget 2012: Everything retail investors need to know

Budget 2012 was nothing to write home about, overall. But it did offer individuals and retail investors some reason to smile with the cut in STT and hike in income tax limit.