The Central Board of Direct Taxes (CBDT) told the Bombay High Court that 0.10 percent securities transactions tax (STT) would be levied on physical delivery of shares in the equity derivatives segment.
The circular addressed by the CBDT, which said that the rate of 0.10 per cent would be levied as STT on all transactions including physical delivery of shares in the equity derivatives segment.
Meanwhile, CBDT has directed Income Tax Department in Mumbai to file an affidavit before the Bombay High Court on the STT matter.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Punjab Lok Sabha elections: Check full list of AAP candidates and constituencies
May 18, 2024 12:59 PM
PM Modi, Rahul Gandhi election rallies in Delhi today: Here are the routes to avoid
May 18, 2024 11:28 AM