Charge of securities transaction tax

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... below, at the rate specified in the corresponding entry in column (3) of the said Table, on the value of such transaction and such tax shall be payable by the purchase or the seller, specified in the corresponding entry in column (4) of the said Table: TABLE Sl. No. Taxable securities transaction Rate Payable by 1. Purchase of a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of an option in securities, where option is exercised 0.125 per cent. Purchaser (c) Sale of a futures in securities 0.017 per cent. Seller] 5. Sale of a unit of an equity oriented fund to the Mutual fund. 0.2 per cent Seller ********* Notes: 1. Rates as updated by Finance Act, 2005 2. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X