The Budget brings a very bad news for short term investor. this budget propses to increase hort-term capital gains tax rate from the earlier 10% to 15% .
While the Securities Transaction Tax rates has been kept unchanged, the FM has announced a levy of STT on option premiums. It has also been proposed to levy commodities transaction tax similar to STT.
While the Securities Transaction Tax rates has been kept unchanged, the FM has announced a levy of STT on option premiums. It has also been proposed to levy commodities transaction tax similar to STT.
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