A 20-percent increase in stock transaction tax (STT) takes effect at the Philippine Stock Exchange today in line with the recently-enacted Tax Reform for …
Mumbai: Stock exchanges and brokers have asked the government to withdraw—or at least reduce—the securities transaction tax (STT) that has been levied on equities since 2004. The request, part of the market intermediaries’ pre …
Dec. 29--SEC optimistic to compete regionally, despite 20% STT DESPITE the approval of the 20-percent hike in STT, or stock transaction tax, the Securities and Exchange Commission (SEC) remains optimistic it can compete against its …
All stock market transactions attract STT in the range of 0.017 per cent to 0.125 per cent. The restriction was expected to curb tax evasion by showing them as sham transactions in stock markets. But to protect the exemption for genuine …
That’s one area investors can look for non-bank financial stocks to buy. Another would be the investment banks ... State Street’s transformation is going to make your investment in STT stock appear to be a sage move come 2020 and beyond.
The stock is already up 8% this year ... The fund owns shares in BlackRock as well as other big ETF players like State Street (STT), S&P Global (SPGI) and Charles …
Capital market regulator Sebi is reviewing the impact on the stock market turnover from a possible scrapping of securities transaction tax (STT), which is levied on all sale and purchase in the equity market. Capital market regulator SEBI is …
Professional traders in capital markets may get a rebate against the Securities Transaction Tax (STT) paid by them. The finance ministry is considering a proposal to provide a rebate to equity traders under Income-Tax section 88E, sources …
In its recommendations to the government ahead of the Union budget, the Securities and Exchange Board of India has suggested lowering the securities transaction tax (STT) for stock trading and reducing the holding period for debt …