Securities transaction tax rules commence, establishing the regulatory framework under the enabling Finance Act provisions. The rules designate the instrument as the Securities Transaction Tax Rules, 2004 and bring those rules into force on the first day of October, 2004, ... Summary
Securities transaction tax rules commence, establishing the regulatory framework under the enabling Finance Act provisions.
The rules designate the instrument as the Securities Transaction Tax Rules, 2004 and bring those rules into force on the first day of October, 2004, pursuant to rulemaking power exercised under the Finance (No. 2) Act, 2004 to implement Chapter VII relating to securities transaction tax.
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