Securities transaction tax

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Querist : Anonymous

Querist : Anonymous (Querist)

25 June 2014 what is security transaction tax,when it is required to be paid, and when it came into force?

Nikhil Kaushik (Expert)
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26 June 2014 it was first introduced in 2004. it is applicable on sale of securities including shares, mutual fund units etc.

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CS,CA F,Numrologi TusharSampat (Expert)
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04 July 2014 now it is in force n well applicable.

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