Amendment of Act 23 of 2004

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..... ( A ) the words or a unit of an equity oriented fund, shall be omitted; ( B ) in item ( b ), the words or unit , at both the places where they occur, shall be omitted; ( ii ) against Sl. No. 2, under column (2) relating to taxable securities transaction, ( A ) the words or a unit of an equity oriented fun .....

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..... Sl. No.4, in item ( c ), under column (3) relating to rate, for the figures 0.017 , the figures 0.01 shall be substituted; ( v ) against Sl. No. 5, under column (3) relating to rate, for the figures 0.25 , the figures 0.001 shall be substituted. Declaration under the Provisional Collection of Taxes Act, 1931 It is hereby declared that it i .....

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..... her proposed to insert a new serial number 2A and the entries relating thereto, so as to reduce the rate of securities transaction tax from 0.1 per cent. to 0.001 per cent. in respect of the taxable securities transaction of sale of unit of an equity oriented fund of the nature referred to under column (2) of the said Table. It is also proposed to reduce the rate of securities transaction tax from .....

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