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Securities Transaction Tax With Rules

by R. Mohan Lavi

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  The Finance (No. 2) Bill, 2004 announced the levy of a Securities Transaction Tax for transactions in stock exchanges. After the enactment of the Bill, the tax has been made effective from 1st October, 2004. The levy of Securities Transaction Tax has been prevalent abroad for some time now. Popularly called `Tobin Tax` after the person who suggested this levy, the tax has been levied in counties abroad at varying rates and in various structures. The book explains the salient aspects of Securities Transaction Tax, how it is calculated, a few examples on calculating rebate under section 88E along with Frequently Asked Questions.
ISBN: 817733199X
 


Pages : 200
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