Search:



The Web

Rediff








 Latest Business news on mobile: sms BIZ to 7333

Home > Business > Budget 2006 - 2007 > Report

Powered by


STT rates details from Jun '06

March 01, 2006 13:06 IST

The new STT rates will come into effect from June 1, 2006.

 Taxable Securities Transaction  Pre-Budget  Post-Budget
  Rate (%)  Payable by  Rate (%)  Payable by
 Delivery based trades     
 1) Purchase of an equity share in a company or a unit of an equity oriented fund, where-      0.1000  Purchaser 0.125  Purchaser
 (a) the transaction of such purchase is entered into in a recognised stock exchange; and     
 (b)the contract for the purchase of such share or unit is settled by the actual delivery or transfer of such share or unit     
 2) Sale of an equity share in a company or a unit of an equity oriented fund, where-      0.1000  Seller 0.125  Seller
 (a) the transaction of such sale is entered into in a recognised stock exchange; and     
 (b) the contract for the sale of such share or unit is settled by the actual delivery or transfer of such share or unit     
 Day Traders     
 3) Sale of an equity share in a company or a unit of an equity oriented fund, where-      0.0200  Seller 0.025  Seller
 (a)the transaction of such sale is entered into in a recognised stock exchange; and     
 (b)the contract for the sale of such share or unit is settled otherwise than by the actual delivery or transfer of such share or unit     
 Derivatives     
 Sale of a derivative where the transaction of such sale is entered into in a recognised stock exchange      0.0133  Seller 0.017  Seller
 Others     
 Sale of a unit of an equity oriented fund to the Mutual Fund      0.2000  Seller 0.250  Seller



Complete Coverage: Budget 2006 - 2007

7333: The Latest News on Your Mobile!






Article Tools
Email this article
Top emailed links
Print this article
Contact the editors
Discuss this article








Copyright © 2006 Rediff.com India Limited. All Rights Reserved.